Leading Indicators OECD: Component series: CS - Confidence indicator: Normalised for Switzerland
CHELOCOCINOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.21
Year-over-Year Change
-4.68%
Date Range
11/1/1972 - 11/1/2022
Summary
The Leading Indicators OECD: Component series: CS - Confidence indicator: Normalised for Switzerland measures consumer sentiment and business confidence in Switzerland. This trend provides insights into the country's economic outlook and can inform policy decisions.
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 OECD-compiled indicator tracks a composite of various leading economic indicators for Switzerland, including business and consumer surveys. It is used to anticipate turning points in the Swiss economy and evaluate the strength of the business cycle.
Methodology
The data is collected through surveys of consumers and businesses, then compiled and normalized by the OECD.
Historical Context
Policymakers and analysts use this trend to gauge Switzerland's economic performance and inform macroeconomic decisions.
Key Facts
- The data has been normalized to a long-term average of 100.
- Values above 100 indicate above-average economic confidence.
- The indicator is released monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: This trend measures a composite indicator of business and consumer confidence in Switzerland, compiled by the OECD.
Q: Why is this trend relevant for users or analysts?
A: The leading indicator provides insights into the strength of Switzerland's economic cycle and can help policymakers and investors anticipate changes in the country's economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of consumers and businesses, then compiled and normalized by the OECD.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge Switzerland's economic conditions and inform macroeconomic decisions, such as monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly by the OECD with minimal delays, providing timely insights into Switzerland's economic sentiment.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component series: CS - Confidence indicator: Normalised for Switzerland (CHELOCOCINOSTSAM), retrieved from FRED.