Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Turkiye
BSCICP03TRM665S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.17
Year-over-Year Change
0.77%
Date Range
1/1/1991 - 12/1/2023
Summary
The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Turkiye measures the overall business confidence in the Turkish economy. This trend is a key indicator for economists and policymakers in understanding the country's economic outlook.
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 (CLI) is a composite index that aggregates various economic indicators to provide a holistic assessment of a country's economic performance. The Composite Business Confidence Amplitude Adjusted for Turkiye specifically focuses on measuring the overall business sentiment in the Turkish market.
Methodology
The data for this trend is collected through surveys of businesses and industry leaders in Turkiye.
Historical Context
This economic indicator is widely used by policymakers, analysts, and investors to gauge the health of the Turkish economy and inform decision-making.
Key Facts
- The trend is published monthly by the OECD.
- Turkiye is a major emerging market economy.
- Business confidence is a leading indicator of economic activity.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Turkiye measures the overall business sentiment and confidence in the Turkish economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator for understanding the economic outlook and performance of the Turkish market, which is important for policymakers, investors, and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and industry leaders in Turkiye.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the health of the Turkish economy and inform decision-making, particularly around economic and investment policies.
Q: Are there update delays or limitations?
A: The trend is published monthly by the OECD, with potential delays in data availability.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Turkiye (BSCICP03TRM665S), retrieved from FRED.