Long abstract
Composite Leading Indicators (CLI) news release to focus on amplitude adjusted CLI
The OECD will change the way it presents its Composite Leading Indicator (CLI) in the monthly news release beginning in November 2007 in order to make it easier to interpret. As the CLI is designed to provide early signals of turning points between upswings and downswings in economic activity, the aim is to communicate more clearly the future outlook for cyclical developments in economic activity. This objective is best served by focusing on the “amplitude-adjusted” form of the CLI, in preference to the “trend-restored” form which has been the focus of the press release to date. |
Statistics Brief N. 14, Feb. 2008
Predicting the Business Cycle: How good are early estimates of OECD Composite Leading Indicators?
Editor's Choice
This is a practical manual on the design and implementation of business tendency surveys, on the interpretation of the results from such surveys and on their use for economic analysis and forecasting. Business Tendency Surveys: A Handbook
The aim of the "OECD - CIRET Journal of Business Cycle Measurement and Analysis" is the exchange of knowledge and information on the theory and operation of business and economic cycle research, including both measurement and analytical aspects. www.oecd.org/std/jbcma |