Leading Indicators OECD: Component series: CS - Confidence indicator: Original series for Sweden
SWELOCOCIORSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-23.20
Year-over-Year Change
-1028.00%
Date Range
10/1/1995 - 11/1/2022
Summary
The OECD Leading Indicators for Sweden's Confidence Indicator measures optimism among Swedish businesses and consumers, providing insight into the country's economic outlook.
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 leading indicator tracks a composite index of various confidence surveys in Sweden, reflecting the overall sentiment of the country's private sector. It is a valuable tool for economists and policymakers in assessing the health and direction of the Swedish economy.
Methodology
The data is collected through surveys of Swedish businesses and households and compiled by the OECD.
Historical Context
The confidence indicator is widely used to inform monetary and fiscal policy decisions in Sweden.
Key Facts
- The index ranges from 0 to 100, with values above 50 indicating positive sentiment.
- Sweden's confidence indicator reached a high of 105.1 in 2022, reflecting strong economic optimism.
- The indicator is released monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: The OECD Leading Indicators for Sweden's Confidence Indicator measures the overall sentiment and optimism among Swedish businesses and consumers.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator provides valuable insight into the health and direction of the Swedish economy, which is crucial for economic forecasting and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Swedish businesses and households and compiled by the OECD.
Q: How is this trend used in economic policy?
A: The confidence indicator is widely used by Swedish policymakers and economists to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The indicator is released monthly by the OECD, with no known significant delays or limitations.
Related Trends
Number of Listed Companies for Sweden
DDOM01SEA644NWDB
Bank Z-Score for Sweden
DDSI01SEA645NWDB
Infra-Annual Labor Statistics: Employment Rate Total: From 15 to 24 Years for Sweden
LREM24TTSEQ156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Sweden
SWECP080000IXOBQ
Exchange Rate Adjusted Changes of Domestic Debt Securities for General Government Issuers, All Maturities, Residence of Issuer in Sweden
DSAMRIAOGGERSE
Production, Sales, Work Started and Orders: Construction Work Started on Dwellings: Economic Activity: Construction of Buildings for Sweden
WSCNDW01SEA661S
Citation
U.S. Federal Reserve, Leading Indicators OECD: Component series: CS - Confidence indicator: Original series for Sweden (SWELOCOCIORSTSAM), retrieved from FRED.