Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for United States
BSCICP03USM665S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.97
Year-over-Year Change
0.20%
Date Range
1/1/1950 - 1/1/2024
Summary
The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for United States tracks a key measure of overall economic confidence and activity in the U.S. This data point is closely monitored by economists and policymakers for insights into the near-term 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 Business Confidence indicator is a composite index that aggregates various surveys and metrics to provide a holistic measure of business sentiment in the United States. It is used to anticipate turning points in economic activity and assess the overall strength of the business cycle.
Methodology
The data is collected through surveys of businesses and executives and then adjusted for seasonal variations.
Historical Context
This leading indicator is widely referenced by financial markets, economic forecasters, and policymakers to gauge the future trajectory of the U.S. economy.
Key Facts
- The index has a base year of 2015 = 100.
- Higher values indicate more positive business sentiment.
- The index is released monthly with a 1-month lag.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for United States measures an aggregate index of various business sentiment surveys and metrics in the United States.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator provides valuable insights into the overall health and near-term outlook of the U.S. economy, making it a closely watched metric by economists, policymakers, and financial market participants.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and executives and then adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: This leading indicator is widely referenced by policymakers, including the Federal Reserve, to assess the future trajectory of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly with a 1-month lag, meaning the most recent data point is from the previous month.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for United States (BSCICP03USM665S), retrieved from FRED.