Leading Indicators OECD: Leading indicators: CLI: Trend restored for OECD - Total
Index
OECDLOLITOTRSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.00
Year-over-Year Change
-1.20%
Date Range
6/1/1961 - 8/1/2022
Summary
The Composite Leading Indicator (CLI) is an important economic trend that measures the overall health and direction of a national economy.
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 is a composite index designed to provide early signals of turning points in business cycles. It is a key data point used by economists and policymakers to assess economic conditions and make informed decisions.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
The CLI is widely tracked by governments, central banks, and private sector analysts to gauge economic performance and anticipate future trends.
Key Facts
- The CLI aims to predict turning points in the economic cycle about 6-9 months in advance.
- The index incorporates a range of leading economic variables such as interest rates, consumer confidence, and manufacturing orders.
- Sustained declines in the CLI can signal an impending economic downturn.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicator (CLI) measures the overall health and direction of a national economy by tracking a basket of leading economic variables.
Q: Why is this trend relevant for users or analysts?
A: The CLI is a widely-watched economic indicator that provides early signals of turning points in business cycles, making it a valuable tool for policymakers and analysts assessing economic conditions and future prospects.
Q: How is this data collected or calculated?
A: The data for the CLI is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Q: How is this trend used in economic policy?
A: Governments, central banks, and private sector analysts closely monitor the CLI to gauge economic performance and anticipate future trends, informing policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The CLI data is released monthly by the OECD, with a typical lag of 1-2 months, and may be subject to revisions as more complete information becomes available.
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Infra-Annual Labor Statistics: Persons Outside the Labor Force Female: From 55 to 64 Years for OECD
OECDLFIN55FESTSAQ
Infra-Annual Labor Statistics: Inactivity Rate Total: From 25 to 54 Years for OECD
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Infra-Annual Labor Statistics: Employment Female: 15 Years or over for OECD
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National Accounts: GDP by Expenditure: Constant Prices: Private Final Consumption Expenditure for OECD
OECDNAEXKP02GPSAQ
Citation
U.S. Federal Reserve, Composite Leading Indicator (OECDLOLITOTRSTSAM), retrieved from FRED.