Leading Indicators OECD: Component series: Share prices: Normalised for Norway
NORLOCOSPNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.87
Year-over-Year Change
-1.27%
Date Range
1/1/1960 - 11/1/2022
Summary
The OECD Leading Indicators Component series for Share Prices in Norway provides an early signal of changes in the Norwegian economy. It is a key economic indicator used by policymakers and analysts to anticipate future economic trends.
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 OECD Leading Indicators are a composite index designed to provide early signals of turning points in economic activity. The Share Prices component reflects investor sentiment and future economic expectations, making it a valuable leading indicator for the Norwegian economy.
Methodology
This indicator is calculated by the OECD using normalized data on stock market share prices in Norway.
Historical Context
Policymakers and economists closely monitor this leading indicator to inform decisions and forecasts about the Norwegian economy.
Key Facts
- The OECD Leading Indicators are a composite of 11 component series.
- Share prices are a leading indicator of economic activity.
- Norway is a member of the OECD.
FAQs
Q: What does this economic trend measure?
A: This indicator measures normalized share prices in Norway, which is a component of the OECD's composite Leading Indicators index for the Norwegian economy.
Q: Why is this trend relevant for users or analysts?
A: The OECD Leading Indicators, including the Share Prices component, are closely watched by policymakers and economists as an early signal of changes in economic activity in Norway.
Q: How is this data collected or calculated?
A: This indicator is calculated by the OECD using normalized data on stock market share prices in Norway.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this leading indicator to inform decisions and forecasts about the Norwegian economy.
Q: Are there update delays or limitations?
A: The OECD Leading Indicators data is published with a slight delay, but provides timely and valuable insights into the state of the Norwegian economy.
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Citation
U.S. Federal Reserve, OECD Leading Indicators: Component series: Share prices: Normalised for Norway (NORLOCOSPNOSTSAM), retrieved from FRED.