Leading Indicators OECD: Component series: Share prices: Normalised for Sweden
SWELOCOSPNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.69
Year-over-Year Change
-3.10%
Date Range
1/1/1960 - 11/1/2022
Summary
The 'Leading Indicators OECD: Component series: Share prices: Normalised for Sweden' metric tracks changes in Swedish stock prices, which serve as a leading indicator of the country's economic performance.
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 series represents a component of the OECD's composite leading indicator for Sweden, which is designed to anticipate turning points in the business cycle. Share prices are used as they often shift before the overall economy.
Methodology
The data is collected and normalized by the OECD based on national share price indexes.
Historical Context
Policymakers and analysts monitor this indicator to gain insights into Sweden's economic outlook.
Key Facts
- This series dates back to 1960.
- Share prices are a key component of the OECD's leading indicator for Sweden.
- The normalized index helps control for general market trends.
FAQs
Q: What does this economic trend measure?
A: This trend tracks changes in Swedish stock prices, which serve as a leading indicator of the country's overall economic performance.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Sweden's business cycle and can help anticipate turning points in the economy.
Q: How is this data collected or calculated?
A: The data is collected and normalized by the OECD based on national share price indexes.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to gain insights into Sweden's economic outlook and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely information on changes in Swedish stock prices.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component series: Share prices: Normalised for Sweden (SWELOCOSPNOSTSAM), retrieved from FRED.