Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Switzerland
BSCICP03CHM665S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.06
Year-over-Year Change
-1.83%
Date Range
1/1/1966 - 12/1/2023
Summary
The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Switzerland is a key economic measure that tracks business sentiment and confidence in the Swiss economy.
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 trend represents a composite index of various business confidence indicators for Switzerland, designed to provide an early signal of turning points in economic activity. It is a widely followed metric for assessing the health and trajectory of the Swiss economy.
Methodology
The data is collected through surveys of business leaders and compiled by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
Economists and policymakers use this indicator to inform decisions around monetary policy, fiscal stimulus, and other economic interventions.
Key Facts
- The index is adjusted for seasonal and calendar variations.
- It is a composite of various surveys of business leaders and confidence indicators.
- The index is designed to provide an early signal of turning points in the Swiss economy.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Switzerland measures the overall business sentiment and confidence in the Swiss economy.
Q: Why is this trend relevant for users or analysts?
A: This trend is a widely followed indicator that provides an early signal of turning points in the Swiss economy, making it highly relevant for economists, policymakers, and investors analyzing the state and trajectory of the Swiss business cycle.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business leaders and compiled by the OECD.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to inform decisions around monetary policy, fiscal stimulus, and other economic interventions in Switzerland.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short delay, making it a timely indicator of economic conditions.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Switzerland (BSCICP03CHM665S), retrieved from FRED.