Leading Indicators OECD: Leading indicators: CLI: Normalised for OECD - Total

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

Latest Value

98.69

Year-over-Year Change

-2.22%

Date Range

6/1/1961 - 11/1/2022

Summary

The OECD Leading Indicators trend measures the state of the global economy and is used to forecast future economic conditions.

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 is a composite index that tracks key economic variables to provide early signals of turning points in economic activity. It is a widely followed metric for assessing the health and near-term trajectory of the global economy.

Methodology

The data is calculated by the OECD based on a basket of economic indicators across member countries.

Historical Context

Policymakers and analysts closely monitor the OECD Leading Indicators to inform economic and financial decision-making.

Key Facts

  • The OECD Leading Indicators are tracked in over 30 countries.
  • The index aims to predict turning points in economic activity 6-9 months in advance.
  • The components include employment, manufacturing, and consumer confidence data.

FAQs

Q: What does this economic trend measure?

A: The OECD Leading Indicators track a basket of economic variables to provide early signals of turning points in global economic activity.

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

A: The OECD Leading Indicators are a widely followed metric for assessing the health and near-term trajectory of the global economy, informing policymaking and investment decisions.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Policymakers and analysts closely monitor the OECD Leading Indicators to assess economic conditions and inform decision-making on monetary, fiscal, and regulatory policies.

Q: Are there update delays or limitations?

A: The OECD Leading Indicators data is released on a monthly basis with a lag of approximately 2 months.

Related Trends

Citation

U.S. Federal Reserve, Leading Indicators OECD: Leading indicators: CLI: Normalised for OECD - Total (OECDLOLITONOSTSAM), retrieved from FRED.