Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Russia
BSCICP03RUM665S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.10
Year-over-Year Change
1.81%
Date Range
9/1/1992 - 1/1/2022
Summary
The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Russia tracks changes in Russia's overall business confidence levels. This metric is a key leading indicator for the Russian economy and can inform policymakers and investors about future economic conditions.
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
The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Russia is an index that measures the overall level of business confidence in Russia. It captures trends in factors like investment, production, and consumer sentiment, providing insights into the near-term trajectory of the Russian economy.
Methodology
This indicator is calculated by the OECD based on survey data from businesses and consumers in Russia.
Historical Context
The Composite Leading Indicators help economic analysts and policymakers anticipate changes in Russia's macroeconomic environment.
Key Facts
- The indicator has a base year of 2015.
- Values above 100 signal above-average confidence.
- The indicator is released monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Russia measures the overall level of business confidence in the Russian economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key leading indicator that can help analysts and policymakers anticipate changes in Russia's macroeconomic environment and future economic conditions.
Q: How is this data collected or calculated?
A: The OECD calculates this indicator based on survey data from businesses and consumers in Russia.
Q: How is this trend used in economic policy?
A: Policymakers and economists use the Composite Leading Indicators to monitor and forecast changes in the Russian economy, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The Composite Leading Indicators are released monthly by the OECD with no significant update delays.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Composite Business Confidence Amplitude Adjusted for Russia (BSCICP03RUM665S), retrieved from FRED.