Leading Indicators OECD: Component Series: Orders: Original Series for France
FRALOCOODORIXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.43
Year-over-Year Change
3.06%
Date Range
1/1/1960 - 11/1/2023
Summary
The Leading Indicators OECD: Component Series: Orders: Original Series for France measures the volume of new orders received by French manufacturing firms. This trend provides an early signal of economic activity and is closely watched by policymakers and analysts.
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 orders index is a leading indicator, meaning it tends to change direction before the overall economy. It serves as a proxy for demand and can signal future production levels. Analysts use this data to assess the health of the French manufacturing sector and make inferences about broader economic conditions.
Methodology
The index is calculated based on survey data collected from French manufacturing firms.
Historical Context
This indicator is a valuable input for assessing the French and broader European economic outlook.
Key Facts
- The index has a base year of 2015.
- New orders data is a forward-looking metric for the manufacturing sector.
- France is a major European economy and manufacturing hub.
FAQs
Q: What does this economic trend measure?
A: The Leading Indicators OECD: Component Series: Orders: Original Series for France measures the volume of new orders received by French manufacturing firms.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides an early signal of economic activity and is closely watched by policymakers and analysts to assess the health of the French manufacturing sector and make inferences about broader economic conditions.
Q: How is this data collected or calculated?
A: The index is calculated based on survey data collected from French manufacturing firms.
Q: How is this trend used in economic policy?
A: This indicator is a valuable input for assessing the French and broader European economic outlook, making it relevant for policymakers, economists, and market analysts.
Q: Are there update delays or limitations?
A: The data is published regularly by the OECD, with some potential for minor delays in the release schedule.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component Series: Orders: Original Series for France (FRALOCOODORIXOBSAM), retrieved from FRED.