Leading indicators and tendency surveys

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Suspension of OECD Composite Leading Indicators until September 2016

11/07/2016 - The OECD’s Composite leading indicators (CLIs) are designed to anticipate turning points in economic activity. They are constructed using a suite of underlying indicators that are selected on the basis of their forward-looking properties in relation to future movements in the economic cycle. The CLIs have proved an effective tool, including during periods of extreme volatility such as the financial crisis and the recent euro area crisis, precisely because the underlying sub-components were capturing expectations about future movements in the cycle.

 

 

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