Leading Indicators OECD: Leading indicators: CLI: Normalised for Sweden

SWELOLITONOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

97.97

Year-over-Year Change

-3.42%

Date Range

1/1/1970 - 11/1/2022

Summary

The Leading Indicators OECD: Leading indicators: CLI: Normalised for Sweden measures the strength of Sweden's economic activity and helps forecast future 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 leading economic indicator tracks composite indexes that summarize the performance of key sectors in the Swedish economy. It is a valuable tool for policymakers and analysts to anticipate changes in the business cycle and guide economic decision-making.

Methodology

The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).

Historical Context

This trend is widely used by Swedish government agencies, central banks, and international economic institutions.

Key Facts

  • The index is normalized to a base year of 2015.
  • Sweden's leading indicators have shown an upward trend since the early 2000s.
  • The CLI is a composite of several economic variables, including industrial production and consumer confidence.

FAQs

Q: What does this economic trend measure?

A: The Leading Indicators OECD: Leading indicators: CLI: Normalised for Sweden measures the strength and direction of Sweden's economic activity through a composite index.

Q: Why is this trend relevant for users or analysts?

A: This leading indicator is important for understanding and forecasting Sweden's business cycle, helping policymakers and investors make informed decisions.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).

Q: How is this trend used in economic policy?

A: This leading indicator is widely used by Swedish government agencies, central banks, and international economic institutions to guide economic policy and decision-making.

Q: Are there update delays or limitations?

A: The data is subject to periodic updates by the OECD, and there may be some delays in the availability of the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Leading Indicators OECD: Leading indicators: CLI: Normalised for Sweden (SWELOLITONOSTSAM), retrieved from FRED.