Leading Indicators OECD: Component Series: Services: Demand Expectation: Original Series for Brazil
BRALOCOS3ORSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.70
Year-over-Year Change
-26.25%
Date Range
6/1/2008 - 12/1/2023
Summary
The Leading Indicators OECD: Component Series: Services: Demand Expectation: Original Series for Brazil measures business confidence and expected demand for services in Brazil.
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 indicator is part of the OECD's suite of leading economic indicators, which provide early signals of turning points in economic activity. It reflects service sector managers' expectations about future demand, offering insights into the near-term outlook for the Brazilian economy.
Methodology
The data is collected through business surveys conducted by national statistical agencies.
Historical Context
This indicator is closely monitored by policymakers and analysts to assess Brazil's economic performance and inform policy decisions.
Key Facts
- The indicator is part of the OECD's Composite Leading Indicators system.
- Brazil is the largest economy in Latin America.
- Service industries account for over 60% of Brazil's GDP.
FAQs
Q: What does this economic trend measure?
A: This indicator measures business confidence and expected demand for services in Brazil, providing an early signal of turning points in economic activity.
Q: Why is this trend relevant for users or analysts?
A: This indicator offers valuable insights into the near-term outlook for the Brazilian economy, which is important for policymakers, investors, and analysts monitoring economic performance.
Q: How is this data collected or calculated?
A: The data is collected through business surveys conducted by national statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this indicator to assess Brazil's economic performance and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological updates of the OECD and national statistical agencies.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component Series: Services: Demand Expectation: Original Series for Brazil (BRALOCOS3ORSTSAM), retrieved from FRED.