Leading Indicators OECD: Component series: BTS - Order books: Original series for Sweden
SWELOCOBOORSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.60
Year-over-Year Change
-45.45%
Date Range
1/1/1990 - 11/1/2022
Summary
The Leading Indicators OECD: Component series: BTS - Order books: Original series for Sweden tracks changes in new orders and sales for Swedish businesses, providing an early signal of 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
This index is part of the OECD's Composite Leading Indicators system, which monitors short-term economic trends across major economies. The order books index serves as a leading indicator for the Swedish economy, foreshadowing shifts in overall economic activity.
Methodology
The data is collected through business tendency surveys of Swedish companies.
Historical Context
Policymakers and economists closely monitor this indicator to assess the state of the Swedish economy and guide policy decisions.
Key Facts
- The index uses original, unadjusted data.
- It serves as a leading indicator for the Swedish economy.
- The index is part of the OECD's Composite Leading Indicators system.
FAQs
Q: What does this economic trend measure?
A: This index tracks changes in new orders and sales for Swedish businesses, providing an early signal of economic conditions in Sweden.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is closely watched by policymakers and economists to assess the state of the Swedish economy and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through business tendency surveys of Swedish companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to monitor short-term economic trends in Sweden and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with no significant update delays.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component series: BTS - Order books: Original series for Sweden (SWELOCOBOORSTSAM), retrieved from FRED.