Leading Indicators OECD: Component series: BTS - Finished goods stocks: Original series for Sweden
SWELOCOBFORSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-120.00%
Date Range
1/1/1996 - 11/1/2022
Summary
This economic trend measures Swedish finished goods inventory levels, which is a leading indicator of industrial production and economic activity in Sweden.
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's Leading Indicators component series on Swedish finished goods stocks provides a timely gauge of the country's manufacturing and business cycle conditions. This data helps economists and policymakers assess the state of the Swedish economy.
Methodology
The data is collected through business surveys conducted by the OECD.
Historical Context
This leading indicator is closely watched by Swedish economic analysts and policymakers.
Key Facts
- Sweden is a major industrial economy in Northern Europe.
- Finished goods inventories are a leading indicator of production and sales.
- The OECD's business surveys provide timely economic data for many countries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the level of finished goods inventories held by businesses in Sweden, which is an important leading indicator of the country's manufacturing and economic activity.
Q: Why is this trend relevant for users or analysts?
A: Finished goods inventory levels provide insight into production, sales, and broader economic conditions in Sweden, making this a closely watched indicator for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through business surveys conducted by the OECD.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this leading indicator to gauge the state of the Swedish economy and inform policy decisions.
Q: Are there update delays or limitations?
A: This data is published with a short lag, providing timely information on the Swedish economy.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component series: BTS - Finished goods stocks: Original series for Sweden (SWELOCOBFORSTSAM), retrieved from FRED.