Composite Leading Indicators: Reference Series (GDP) Normalized for Brazil
BRALORSGPNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.12
Year-over-Year Change
0.65%
Date Range
2/1/1996 - 8/1/2023
Summary
The Composite Leading Indicators: Reference Series (GDP) Normalized for Brazil tracks a composite index that signals turning points in the Brazilian economy's business cycle.
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 is designed to provide early signals of turning points in the business cycle, which is crucial for policymakers and analysts to anticipate and respond to economic shifts.
Methodology
The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
This index is widely used by economists, central banks, and other institutions to assess the state of the Brazilian economy.
Key Facts
- The index is normalized to 100 for the base year.
- It includes components such as interest rates, stock prices, and manufacturing.
- The index is used to anticipate turning points in the Brazilian business cycle.
FAQs
Q: What does this economic trend measure?
A: This trend measures a composite index that provides early signals of turning points in the business cycle of the Brazilian economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for policymakers and analysts to anticipate and respond to economic shifts in Brazil.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Organisation for Economic Co-operation and Development (OECD).
Q: How is this trend used in economic policy?
A: This index is widely used by economists, central banks, and other institutions to assess the state of the Brazilian economy.
Q: Are there update delays or limitations?
A: The data is published regularly by the OECD, but there may be some delays in updating the series.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Reference Series (GDP) Normalized for Brazil (BRALORSGPNOSTSAM), retrieved from FRED.