Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Portugal
BSCICP03PTM665S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.91
Year-over-Year Change
-0.93%
Date Range
1/1/1987 - 1/1/2024
Summary
The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Portugal measures economic sentiment and confidence among Portuguese businesses. This metric is a key leading indicator for the Portuguese economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Portugal is an index that tracks changes in Portuguese business confidence and economic sentiment. It is a composite of various business survey indicators and serves as an early signal of turning points in the Portuguese business cycle.
Methodology
The data is collected through surveys of Portuguese businesses and compiled by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
This indicator is widely used by policymakers, economists, and investors to anticipate changes in the Portuguese economy.
Key Facts
- The index has a base year of 2015.
- Portugal is a member of the Eurozone.
- The index is published monthly.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Portugal measures changes in economic sentiment and confidence among Portuguese businesses.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key leading economic metric for Portugal, providing early signals of turning points in the Portuguese business cycle.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Portuguese businesses and compiled by the OECD.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors use this indicator to anticipate changes in the Portuguese economy and inform their decision-making.
Q: Are there update delays or limitations?
A: The index is published monthly with no significant update delays.
Related Trends
Provisions to Non-Performing Loans for Portugal
DDSI07PTA156NWDB
Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 64 Years for Portugal
LFWA64TTPTQ647S
Infra-Annual Labor Statistics: Labor Force Participation Rate Female: From 15 to 64 Years for Portugal
LRAC64FEPTA156S
Business Tendency Surveys: Business Situation: Economic Activity: Construction: Tendency for Portugal
PRTBCBUTE02STSAM
Balance of Payments: Financial Account: Net (Assets Minus Liabilities) for Portugal
PRTB6FATT01CXCUQ
Infra-Annual Labor Statistics: Unemployment Female: 15 Years or over for Portugal
LFUNTTFEPTA647S
Citation
U.S. Federal Reserve, Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Portugal (BSCICP03PTM665S), retrieved from FRED.