Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for Portugal
PRTLOLITOAASTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.16
Year-over-Year Change
-2.19%
Date Range
1/1/1987 - 11/1/2022
Summary
The Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for Portugal tracks a composite leading indicator that signals turning points in the Portuguese economic cycle. This helps economists and policymakers anticipate and respond to changes in the broader 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 Leading Indicators OECD series provides a composite leading indicator that aims to predict turning points in the economic cycle for various countries. The amplitude-adjusted indicator for Portugal is designed to give early signals of swings in the country's economic activity.
Methodology
The data is calculated by the OECD based on a variety of economic time series.
Historical Context
This leading indicator is used by analysts, policymakers, and institutions to monitor and forecast the Portuguese business cycle.
Key Facts
- The indicator aims to predict turning points in the Portuguese economy.
- It is part of the OECD's broader leading indicators system.
- The data is updated monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: The Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for Portugal measures a composite leading indicator that signals turning points in the business cycle of the Portuguese economy.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is relevant for economists, policymakers, and market analysts as it provides early signals of changes in the broader Portuguese economy, allowing them to anticipate and respond to economic shifts.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD based on a variety of economic time series.
Q: How is this trend used in economic policy?
A: This leading indicator is used by analysts, policymakers, and institutions to monitor and forecast the Portuguese business cycle, informing economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is updated monthly by the OECD, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for Portugal (PRTLOLITOAASTSAM), retrieved from FRED.