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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
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.
Composite leading indicators point to a slowdown in economic activity in all major economies, but with some variation in the strength of the slowdown across countries.
The objective of the joint EC– OECD workshop on the international development of business and consumer tendency surveys held on 17 - 18 November 2011 is to foster harmonization of business and consumer opinion surveys. It also provides a forum to exchange knowledge and discuss the current challenges and prospects in the field.