Leading Indicators OECD: Leading indicators: CLI: Normalised for Switzerland
CHELOLITONOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.97
Year-over-Year Change
-3.62%
Date Range
2/1/1967 - 11/1/2022
Summary
The Leading Indicators OECD: Leading indicators: CLI: Normalised for Switzerland tracks a composite index that forecasts economic activity in Switzerland. It's a key indicator used by economists and policymakers to anticipate changes in the Swiss business cycle.
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 Leading Indicators OECD index for Switzerland is a composite leading indicator that aims to signal turning points in economic activity. It is part of the OECD's system of Composite Leading Indicators, which provide early signals of turning points in business cycles for major economies.
Methodology
The data is collected and calculated by the OECD using a standardized methodology across countries.
Historical Context
Policymakers and analysts use this index to gain insights into the future direction of the Swiss economy and make informed decisions.
Key Facts
- The index is normalized to 100 for the base year.
- It covers a wide range of economic sectors in Switzerland.
- Signals from the index are used to anticipate changes in the business cycle.
FAQs
Q: What does this economic trend measure?
A: The Leading Indicators OECD: Leading indicators: CLI: Normalised for Switzerland measures a composite index that forecasts economic activity in Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator used by economists and policymakers to anticipate changes in the Swiss business cycle and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD using a standardized methodology across countries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to gain insights into the future direction of the Swiss economy and make informed decisions.
Q: Are there update delays or limitations?
A: The OECD releases updates to this index on a regular schedule, but there may be some delays in data availability.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Leading indicators: CLI: Normalised for Switzerland (CHELOLITONOSTSAM), retrieved from FRED.