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Composite leading indicators (CLIs), designed to anticipate turning points in economic activity relative to trend, point to regained momentum in the OECD area but with divergence between economies.
Composite leading indicators (CLIs) continue to point to a positive change in momentum in the OECD as a whole but with some divergence between major economies.
Glossary for OECD Composite Leading Indicators
English, Excel, 234kb
The OECD system of composite leading indicators (CLIs), developed in the 1970s, has been the subject of a methodological review to ensure that it maintains its position as an effective leading indicator of business cycles and economic activity. This document provides detailed information about this new methodology.
The OECD Business Cycle Clock has been designed to better visualize business cycles - fluctuations of economic activity around their long term potential level - and how some key economic indicators interact with the business cycle.
Composite Leading Indicators (CLIs) continue pointing to a positive change in momentum in the OECD as a whole..
Composite leading indicators (CLIs) point to a positive change in momentum for the OECD as a whole, driven primarily by the United States and Japan, but similar signs are beginning to emerge in a number of other developed economies.
Main Economic Indicators: Electronically available national practices for individual OECD member countries - Updated in real time.
The assessment is little changed compared to last month for most countries, but the CLIs for Japan, United States and Russia are showing stronger signs of a positive change in momentum and remain above long-term trend.
The Standardised Confidence Indicators (for manufacturing industry and consumers) are confidence indicators comparable across countries. Comparability has been achieved by careful selection of national indicators, and by smoothing, centring, and amplitude adjusting these series. The series are updated continuously.