Leading Indicators OECD: Component Series: Business Tendencies Survey: Export Orders: Normalised for Germany
DEULOCOBXNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.89
Year-over-Year Change
-1.10%
Date Range
1/1/1969 - 12/1/2023
Summary
The Leading Indicators OECD: Component Series: Business Tendencies Survey: Export Orders: Normalised for Germany tracks changes in German business sentiment regarding export orders.
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 index measures the normalized survey responses of German firms regarding their export order volumes. It is a leading indicator used to anticipate changes in the broader German economy.
Methodology
The data is collected through a monthly survey of German businesses.
Historical Context
This indicator provides insight into the health of Germany's export-driven economy.
Key Facts
- Germany is the world's third-largest exporter.
- Export orders are a key driver of German economic growth.
- The index is normalized to account for seasonal variations.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks changes in German business sentiment regarding their export order volumes, providing insight into the health of Germany's export-driven economy.
Q: Why is this trend relevant for users or analysts?
A: As a leading indicator, this data can help anticipate broader trends in the German economy and global trade.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of German businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to monitor the competitiveness of German exports and the overall strength of the German economy.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component Series: Business Tendencies Survey: Export Orders: Normalised for Germany (DEULOCOBXNOSTSAM), retrieved from FRED.