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OECD composite leading indicators continue to signal a recovery

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08/01/10 - OECD composite leading indicators (CLIs) for November 2009 provide stronger signals of recovery than in last month's assessment. Troughs in the underlying reference series - the index of industrial production - for all major seven countries, except Canada and the United Kingdom, are also visible, and the CLIs for all major seven countries have moved above their long-term trend, implying an expansionary outlook relative to trend (see also interpreting OECD CLIs). The outlook for major non member economies also continues to point to a recovery. etc.

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

The methodology used to compile OECD CLIs and reference series trend is described in the following document: "OECD system of Composite Leading Indicators".

For a better interpretation of OECD CLI consult the following document: Interpreting OECD Composite Leading Indicators (CLI).

The next publication of the OECD's CLI will be on 5 February 2010. 

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.

Related Documents

OECD Main Economic Indicators (MEI)