Composite Leading Indicators (CLIs), OECD, October 2009

OECD composite leading indicators provide stronger signs of recovery

Download the entire news release (pdf) 

09/10/2009 - OECD composite leading indicators (CLIs) for August 2009 continue to point to recovery in all major economies with CLIs for France and Italy pointing to a potential expansion; however these expansion signals should be interpreted with some care as the CLIs are less precise in differentiating between expansion and recovery than in identifying turning points. etc.

• Link to historical data, graphs and methodological information 
• FAQs     
• 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 of the OECD's CLI will be on 6 November 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.