Composite Leading Indicators: Reference Series (GDP) Trend for Japan

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

Latest Value

102.82

Year-over-Year Change

0.41%

Date Range

2/1/1960 - 8/1/2023

Summary

The Composite Leading Indicators (CLI) Reference Series (GDP) Trend for Japan tracks a set of leading economic indicators to forecast future GDP growth in Japan. This helps policymakers and analysts anticipate changes in the 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 CLI Reference Series (GDP) Trend for Japan is a composite index that aggregates multiple leading economic indicators to provide an early signal of turning points in the Japanese business cycle. It is used by economists and policymakers to assess the near-term outlook for Japan's economic growth.

Methodology

The data is collected and calculated by the OECD based on a standardized methodology across member countries.

Historical Context

Policymakers and investors monitor this trend to understand the direction of Japan's economic performance and guide decisions.

Key Facts

  • The CLI Reference Series (GDP) Trend for Japan has been published monthly since 1960.
  • It is a composite of 7 leading economic indicators for Japan.
  • The trend is a forward-looking indicator of Japan's economic performance.

FAQs

Q: What does this economic trend measure?

A: The CLI Reference Series (GDP) Trend for Japan measures a composite of leading economic indicators to provide an early signal of turning points in Japan's business cycle and future GDP growth.

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

A: This trend is relevant for policymakers, investors, and analysts as it helps anticipate changes in Japan's economic performance and guide decisions accordingly.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the OECD based on a standardized methodology across member countries.

Q: How is this trend used in economic policy?

A: Policymakers and institutions monitor this trend to understand the direction of Japan's economic growth and make informed policy decisions.

Q: Are there update delays or limitations?

A: The CLI Reference Series (GDP) Trend for Japan is published monthly with minimal update delays, providing timely information to users.

Related Trends

Citation

U.S. Federal Reserve, Composite Leading Indicators: Reference Series (GDP) Trend for Japan (JPNLORSGPTDSTSAM), retrieved from FRED.