Leading Indicators OECD: Component series: BTS - Demand or orders inflow: Normalised for Sweden
SWELOCOBDNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.97
Year-over-Year Change
-0.15%
Date Range
4/1/1996 - 4/1/2018
Summary
The OECD Leading Indicators Demand or Orders Inflow trend for Sweden measures changes in business sentiment related to order volume. This metric provides insight into the overall economic outlook and potential future production in the Swedish 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 OECD Leading Indicators Demand or Orders Inflow for Sweden is a composite index that tracks business sentiment around current order volumes. It serves as an early indicator of future economic activity and production in Sweden.
Methodology
The data is collected through business surveys and normalized to account for seasonal variations.
Historical Context
Policymakers and analysts monitor this trend to assess the near-term outlook for the Swedish economy.
Key Facts
- The index is based on a survey of Swedish businesses.
- It is a component of the OECD's Composite Leading Indicators for Sweden.
- Values above 100 indicate expansion, while values below 100 signal contraction.
FAQs
Q: What does this economic trend measure?
A: The OECD Leading Indicators Demand or Orders Inflow for Sweden tracks business sentiment around current order volumes, providing an early signal of future economic activity and production in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers and economists as an indicator of the near-term outlook for the Swedish economy, helping inform decisions and analysis.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and normalized to account for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the current state and near-term outlook for the Swedish economy, which can inform policy decisions and economic projections.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short delay, providing timely insight into changes in business sentiment and the economic outlook.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component series: BTS - Demand or orders inflow: Normalised for Sweden (SWELOCOBDNOSTSAM), retrieved from FRED.