Leading Indicators OECD: Component Series: Business Tendencies Survey: Business Situation: Original Series for Canada

CANLOCOBSORSTSAM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-5.20

Year-over-Year Change

62.50%

Date Range

1/1/1960 - 12/1/2023

Summary

The Leading Indicators OECD: Component Series: Business Tendencies Survey: Business Situation: Original Series for Canada tracks the business sentiment of Canadian companies, providing insights into 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

This economic indicator measures the self-reported business situation of companies in Canada, based on a survey of their assessments. It serves as a leading indicator, helping economists and policymakers anticipate future economic trends.

Methodology

The data is collected through a monthly survey of Canadian businesses.

Historical Context

This indicator is used to inform economic policy decisions and market analysis.

Key Facts

  • Tracks self-reported business situation of Canadian companies.
  • Serves as a leading indicator of economic trends.
  • Data collected through a monthly survey of Canadian businesses.

FAQs

Q: What does this economic trend measure?

A: This trend measures the self-reported business situation of companies in Canada, based on a survey of their assessments.

Q: Why is this trend relevant for users or analysts?

A: This indicator serves as a leading indicator, helping economists and policymakers anticipate future economic trends in Canada.

Q: How is this data collected or calculated?

A: The data is collected through a monthly survey of Canadian businesses.

Q: How is this trend used in economic policy?

A: This indicator is used to inform economic policy decisions and market analysis in Canada.

Q: Are there update delays or limitations?

A: The data is updated monthly, with potential delays depending on the collection and reporting process.

Related Trends

Citation

U.S. Federal Reserve, Leading Indicators OECD: Component Series: Business Tendencies Survey: Business Situation: Original Series for Canada (CANLOCOBSORSTSAM), retrieved from FRED.