Composite Leading Indicators: Reference Series (GDP) Normalized for Major Five Asia Economies
A5MLORSGPNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.11
Year-over-Year Change
0.17%
Date Range
1/1/1978 - 8/1/2023
Summary
The Composite Leading Indicators: Reference Series (GDP) Normalized for Major Five Asia Economies tracks economic trends across key Asian markets. It is a leading indicator used by policymakers and analysts to anticipate shifts in regional and global economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index aggregates multiple economic indicators for China, Japan, South Korea, India, and Taiwan to provide a comprehensive measure of broader growth trends in the major Asian economies. It is a valuable tool for monitoring and predicting regional economic performance.
Methodology
The data is calculated by the OECD using standardized methodology to enable cross-country comparisons.
Historical Context
This leading indicator informs economic forecasting, policy decisions, and market analysis for Asia and the global economy.
Key Facts
- Tracks economic trends across China, Japan, South Korea, India, and Taiwan.
- Used by policymakers and analysts to anticipate shifts in regional and global activity.
- Calculated by the OECD using standardized methodology.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Reference Series (GDP) Normalized for Major Five Asia Economies tracks broader growth trends across key Asian markets by aggregating multiple economic indicators.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is a valuable tool for monitoring and predicting regional economic performance, informing economic forecasting, policy decisions, and market analysis for Asia and the global economy.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using standardized methodology to enable cross-country comparisons.
Q: How is this trend used in economic policy?
A: This leading indicator informs economic forecasting, policy decisions, and market analysis for Asia and the global economy.
Q: Are there update delays or limitations?
A: There may be update delays or limitations typical of aggregated economic indicators, but the standardized OECD methodology aims to provide a reliable, cross-country comparative measure.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Reference Series (GDP) Normalized for Major Five Asia Economies (A5MLORSGPNOSTSAM), retrieved from FRED.