OECD Composite Leading Indicators (CLIs) - Updated: February 2007

OECD Composite Leading Indicators signal an improved outlook for most major global economies in December 2006

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09/02/2007 - The latest composite leading indicators (CLIs) suggest that continued economic expansion lies ahead in the OECD area. December 2006 data show improved performance in the CLI’s six month rate of change in Canada, the United States and Japan, but weakening performance in the Euro area. The spreads between short- and long-term interest rate are contributing negatively to the performance of the CLIs in all the major seven economies, while business confidence is contributing positively in the United States, Germany and the United Kingdom. The latest data for major OECD non-member economies point to strong growth in China, India and Brazil, but a weakening outlook for Russia...etc.

Glossary of Composite Leading Indicators

The next publication date of the OECD's CLI will be on 16 March 2007.

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