Résumé
OECD Composite Leading indicators: a tool for short-term analysis
The primary purpose of this document is to show how CLIs can be used in practice to predict economic turning points (peaks and troughs) and to assess the general behaviour of the economy. This is done in Section 4 below. However, it is first necessary to briefly describe the methodology used in the compilation of these indicators. This is done in Section 2. Section 3 presents the different CLI data which are calculated and indicates where they are regularly disseminated. A bibliography listing more detailed descriptions of the methodologies used to compile CLIs, as well as the most recent work carried out by the OECD, are also provided. |