Leading Indicators OECD: Leading indicators: CLI: Trend restored for Denmark
DNKLOLITOTRGYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.45
Year-over-Year Change
-149.03%
Date Range
1/1/1967 - 8/1/2022
Summary
This trend tracks the OECD's Composite Leading Indicator (CLI) for Denmark, a forward-looking economic metric that signals turning points in the business cycle.
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 CLI is designed to provide early signals of turning points in economic activity, helping analysts and policymakers anticipate and respond to changes in the economy. It comprises a basket of indicators chosen for their ability to lead the overall business cycle.
Methodology
The OECD collects and aggregates data from various sources to construct the CLI for Denmark.
Historical Context
Trends in the Danish CLI are closely monitored by economists and policymakers to gauge the health of the Danish economy.
Key Facts
- The CLI is a composite of 7 individual indicators for Denmark.
- The CLI tends to peak about 6-9 months before the overall business cycle.
- Denmark's CLI has shown signs of weakening in recent months.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the OECD's Composite Leading Indicator (CLI) for Denmark, which is designed to provide early signals of turning points in the country's economic activity.
Q: Why is this trend relevant for users or analysts?
A: The Danish CLI is closely monitored by economists and policymakers as an important forward-looking indicator of the health and direction of the Danish economy.
Q: How is this data collected or calculated?
A: The OECD collects and aggregates data from various sources to construct the Composite Leading Indicator for Denmark.
Q: How is this trend used in economic policy?
A: Trends in the Danish CLI are used by policymakers and analysts to anticipate and respond to changes in the business cycle and overall economic conditions.
Q: Are there update delays or limitations?
A: The Danish CLI data is published monthly by the OECD, with a typical delay of 1-2 months from the end of the reference period.
Related Trends
National Accounts: GDP by Expenditure: Current Prices: Gross Fixed Capital Formation for Denmark
DNKGFCFQDSMEI
Infra-Annual Labor Statistics: Labor Force Participation Rate Total: From 55 to 64 Years for Denmark
LRAC55TTDKQ156S
Infra-Annual Labor Statistics: Employment Total: From 55 to 64 Years for Denmark
LFEM55TTDKQ647N
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Denmark
PREND401DKA661N
Amount Outstanding of Domestic Bonds and Notes in Non-Financial Corporations Sector, Long-Term at Original Maturity, Residence of Issuer in Denmark
DBNLTRIAONCDK
International Trade: Exports: Value (Goods): Total for Denmark
XTEXVA01DKQ188S
Citation
U.S. Federal Reserve, Leading Indicators OECD: Leading indicators: CLI: Trend restored for Denmark (DNKLOLITOTRGYSAM), retrieved from FRED.