Composite Leading Indicators: Composite Leading Indicator (CLI) Trend Restored for G7
G7LOLITOTRGYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.30
Year-over-Year Change
-335.94%
Date Range
2/1/1961 - 1/1/2024
Summary
The Composite Leading Indicator (CLI) Trend Restored for G7 measures economic performance across the Group of Seven (G7) major advanced economies. It is a key indicator used by policymakers to assess the overall health and near-term outlook of the global economy.
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 CLI Trend Restored for G7 tracks a composite index of several leading economic indicators that anticipate and signal changes in the business cycle across the G7 nations. This provides an early snapshot of economic conditions and can help forecast turning points in economic activity.
Methodology
The data is calculated by the Organisation for Economic Co-operation and Development (OECD) using a proprietary methodology.
Historical Context
The CLI Trend is closely monitored by central banks, finance ministries, and international economic organizations to inform policy decisions and market analyses.
Key Facts
- The G7 includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
- The CLI Trend Restored combines 10 economic indicators to provide a comprehensive outlook.
- The index is designed to signal peaks and troughs in the business cycle up to 12 months in advance.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicator (CLI) Trend Restored for G7 measures the overall economic performance and near-term outlook across the Group of Seven (G7) major advanced economies.
Q: Why is this trend relevant for users or analysts?
A: The CLI Trend Restored is a widely used indicator that helps policymakers, economists, and market analysts assess the health of the global economy and anticipate turning points in the business cycle.
Q: How is this data collected or calculated?
A: The data is calculated by the Organisation for Economic Co-operation and Development (OECD) using a proprietary methodology.
Q: How is this trend used in economic policy?
A: The CLI Trend Restored is closely monitored by central banks, finance ministries, and international economic organizations to inform policy decisions and market analyses.
Q: Are there update delays or limitations?
A: The CLI Trend Restored data is published monthly with a typical delay of 1-2 months.
Related Trends
Infra-Annual Labor Statistics: Employment Male: 15 Years or over for G7
G7LFEMTTMAGPQ
Infra-Annual Labor Statistics: Employees Total for G7
G7LFESEETTSTSAQ
Balance of Payments: Services: Expenditure for G7
G7B6DBSE01CXCUQ
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for G7
G7PRINTO01IXOBSAQ
Infra-Annual Labor Statistics: Labor Force Female: From 15 to 24 Years for G7
G7LFAC24FESTQ
Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Except Construction): Total for G7
G7LFEAINTTSTQ
Citation
U.S. Federal Reserve, Composite Leading Indicators: Composite Leading Indicator (CLI) Trend Restored for G7 (G7LOLITOTRGYSAM), retrieved from FRED.