Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Israel
ISRLORSGPTDSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.27
Year-over-Year Change
4.29%
Date Range
2/1/1995 - 8/1/2022
Summary
The Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Israel tracks the broader economic trends in Israel's GDP, providing a forward-looking indicator of the country's economic performance.
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 trend represents a composite leading indicator for Israel's GDP, constructed by the OECD to anticipate turning points in the business cycle. It is a valuable tool for economists and policymakers to monitor the health and trajectory of the Israeli economy.
Methodology
The data is calculated by the OECD using a proprietary methodology that combines various economic indicators.
Historical Context
This trend is closely watched by analysts, investors, and government agencies to inform economic policy decisions.
Key Facts
- The trend has been published by the OECD since 1960.
- It is a composite of several leading economic indicators for Israel.
- The trend aims to signal turning points in the business cycle.
FAQs
Q: What does this economic trend measure?
A: This trend measures the leading indicators for Israel's Gross Domestic Product (GDP), providing a forward-looking assessment of the country's broader economic performance.
Q: Why is this trend relevant for users or analysts?
A: This trend is highly relevant for economists, policymakers, and market analysts as it offers an early indication of turning points in Israel's business cycle, helping to inform economic decisions and forecasts.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using a proprietary methodology that combines various leading economic indicators for Israel.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by government agencies and central banks to help guide economic policy decisions and anticipate changes in the broader Israeli economy.
Q: Are there update delays or limitations?
A: The OECD publishes this trend on a regular basis, but there may be some delays in data availability depending on the underlying source indicators.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Israel (ISRLORSGPTDSTSAM), retrieved from FRED.