Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for United States
LORSGPORUSQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.11
Year-over-Year Change
-386.67%
Date Range
1/1/1948 - 10/1/2023
Summary
The Composite Leading Indicators (CLI) Reference Series (GDP) measures key economic variables that signal future changes in the US economy. It is a widely-used indicator for forecasting economic performance and informing policy decisions.
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) is a composite index that tracks leading economic indicators, including employment, manufacturing, and consumer confidence. It is used by economists and policymakers to anticipate turning points in the business cycle and gauge the overall health of the US economy.
Methodology
The data is collected and calculated by the Conference Board, a non-profit economic research organization.
Historical Context
The CLI Reference Series (GDP) is a critical input for monitoring US economic trends and guiding fiscal and monetary policy.
Key Facts
- The CLI Reference Series (GDP) has been published since the 1960s.
- It aggregates 10 leading economic indicators into a single composite index.
- The index is used to forecast changes in US economic activity 6-12 months in advance.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators (CLI) Reference Series (GDP) measures a set of economic variables that tend to change ahead of the overall US economy, providing an early signal of future economic performance.
Q: Why is this trend relevant for users or analysts?
A: The CLI Reference Series (GDP) is a widely-used indicator that helps economists, policymakers, and market participants anticipate turning points in the business cycle and evaluate the health of the US economy.
Q: How is this data collected or calculated?
A: The data is collected and the index is calculated by the Conference Board, a non-profit economic research organization.
Q: How is this trend used in economic policy?
A: The CLI Reference Series (GDP) is a critical input for monitoring US economic trends and guiding fiscal and monetary policy decisions by the Federal Reserve and other government entities.
Q: Are there update delays or limitations?
A: The CLI Reference Series (GDP) is published monthly with a typical 2-3 week delay from the end of the reference period.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for United States (LORSGPORUSQ659S), retrieved from FRED.