Composite Leading Indicators (CLIs), OECD, March 2009 update

OECD Composite Leading Indicators reach new low

Download the entire news release (pdf) 

06/03/2009 - The OECD composite leading indicators (CLIs) for January 2009 continue to point to a weakening outlook for all the major seven economies, with the OECD total falling again to a new low and little clear indication of stabilization soon. The outlook has also continued to deteriorate in the major non-OECD member economies, particularly Brazil, which now joins China, India and Russia, in the strong slowdown group. etc.

• Link to historical data, graphs and methodological information    
• Glossary of Composite Leading Indicators
• OECD Business Cycle Analysis Database

The methodology used, starting from December 2008, to compile OECD CLIs and reference series trend is described in the document: "OECD system of Composite Leading Indicators". Up to December 2008, the methodology used by the OECD is described in "OECD Composite Leading indicators: a tool for short-term analysis".

The next publication date of the OECD's CLI will be on 10 April 2009. 

Contacts
For further information, journalists are invited to contact the OECD's Media Relations Division on (33) 1 45 24 97 00 or news.contact@oecd.org;  others should contact the Statistics Directorate on stat.contact@oecd.org.