Leading Indicators OECD: Component Series: CS - Confidence Indicator: Original Series for Switzerland
LOCOCIORCHQ460S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-57.00
Year-over-Year Change
183.63%
Date Range
10/1/1972 - 10/1/2022
Summary
The Leading Indicators OECD: Component Series: CS - Confidence Indicator: Original Series for Switzerland tracks consumer and business confidence in the Swiss economy, providing an early signal of economic trends.
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 indicator is part of the OECD's Composite Leading Indicators (CLI) system, which combines various economic metrics to forecast turning points in economic activity. The Swiss confidence indicator offers insights into the overall health and near-term outlook of the Swiss economy.
Methodology
The data is collected through business and consumer surveys conducted by the Swiss government.
Historical Context
Policymakers and analysts use this trend to assess the state of the Swiss economy and inform economic decision-making.
Key Facts
- The indicator ranges from 0 to 100, with 100 representing the highest level of confidence.
- Switzerland is a member of the OECD, a group of 38 developed economies.
- The confidence indicator is released monthly by the OECD.
FAQs
Q: What does this economic trend measure?
A: This trend measures the level of confidence among consumers and businesses in the Swiss economy, providing an early signal of economic activity.
Q: Why is this trend relevant for users or analysts?
A: The Swiss confidence indicator is a key leading economic indicator that helps policymakers and analysts assess the current state and near-term outlook of the Swiss economy.
Q: How is this data collected or calculated?
A: The data is collected through business and consumer surveys conducted by the Swiss government.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to inform decision-making and policy responses to changing economic conditions in Switzerland.
Q: Are there update delays or limitations?
A: The confidence indicator is released monthly by the OECD, with no significant update delays.
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Citation
U.S. Federal Reserve, Leading Indicators OECD: Component Series: CS - Confidence Indicator: Original Series for Switzerland (LOCOCIORCHQ460S), retrieved from FRED.