Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Switzerland
CHELORSGPTDSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.61
Year-over-Year Change
1.37%
Date Range
2/1/1960 - 8/1/2022
Summary
The Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Switzerland measures the future direction of Switzerland's economic growth based on a composite of leading economic indicators.
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 serves as a leading indicator of Switzerland's economic performance, providing early signals of turning points in the business cycle. It is used by economists, policymakers, and investors to anticipate changes in the country's GDP growth.
Methodology
The data is calculated by the Organisation for Economic Co-operation and Development (OECD) using a proprietary methodology that aggregates various leading economic indicators.
Historical Context
This trend is closely monitored by the Swiss National Bank and other government agencies to inform policy decisions and economic forecasting.
Key Facts
- The trend is a composite index of leading economic indicators.
- It provides early signals of turning points in Switzerland's business cycle.
- The trend is used by policymakers and investors to anticipate GDP growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the future direction of Switzerland's economic growth based on a composite of leading economic indicators.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant because it provides early signals of turning points in Switzerland's business cycle, allowing economists, policymakers, and investors to anticipate changes in the country's GDP growth.
Q: How is this data collected or calculated?
A: The data is calculated by the OECD using a proprietary methodology that aggregates various leading economic indicators.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Swiss National Bank and other government agencies to inform policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological adjustments of the OECD.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Trend for Switzerland (CHELORSGPTDSTSAM), retrieved from FRED.