Leading Indicators OECD: Component Series: Share Prices: Normalised for Canada
CANLOCOSPNOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.57
Year-over-Year Change
-0.14%
Date Range
1/1/1960 - 12/1/2023
Summary
The OECD Leading Indicators: Share Prices for Canada measures the normalized value of Canadian stock market activity, a key indicator of economic performance and investor confidence.
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 composite leading indicator is one of several OECD series that track economic trends across developed nations. The Canadian share prices component reflects domestic equity market conditions and helps forecast future economic activity.
Methodology
The data is collected and normalized by the OECD based on national stock market indexes.
Historical Context
Policymakers and analysts use this indicator to assess the health of the Canadian economy and market sentiment.
Key Facts
- The series is normalized to 100 for the base year.
- Canadian share prices are a leading indicator of GDP growth.
- The OECD publishes the data monthly.
FAQs
Q: What does this economic trend measure?
A: The OECD Leading Indicators: Share Prices for Canada measures the normalized value of Canadian stock market activity, a key indicator of economic performance and investor confidence.
Q: Why is this trend relevant for users or analysts?
A: This composite leading indicator helps forecast future Canadian economic activity and assess domestic market sentiment, making it useful for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected and normalized by the OECD based on national stock market indexes.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess the health of the Canadian economy and market sentiment, informing policy decisions.
Q: Are there update delays or limitations?
A: The OECD publishes the data monthly, with minimal delays.
Related Trends
International Trade: Exports: Value (Goods): Total for Canada
XTEXVA01CAA188S
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Canada
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International Merchandise Trade Statistics: Trade Balance: Commodities for Canada
XTNTVA01CAA664N
National Accounts: GDP by Expenditure: Current Prices: Government Final Consumption Expenditure for Canada
CANGFCEQDSMEI
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Transport for Canada
CANCP070000CTGYM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Residuals for Canada
CANCPSDCTGYCTGYM
Citation
U.S. Federal Reserve, OECD Leading Indicators: Component Series: Share Prices: Normalised for Canada (CANLOCOSPNOSTSAM), retrieved from FRED.