Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for France
LORSGPORFRQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.20
Year-over-Year Change
5.98%
Date Range
1/1/1960 - 10/1/2023
Summary
The Composite Leading Indicators: Reference Series (GDP) measures economic conditions in France, providing an early signal of turning points in the business cycle. This metric is widely followed by economists and policymakers to anticipate future 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
The Composite Leading Indicators: Reference Series (GDP) is a composite index that synthesizes multiple leading economic indicators for France into a single measure. It is designed to forecast turning points in the French business cycle and provide insight into the future trajectory of the economy.
Methodology
The data is collected and calculated by the OECD based on a variety of input series.
Historical Context
This leading indicator is closely watched by French economic policymakers and financial market participants.
Key Facts
- The index is a composite of 7 component indicators.
- It aims to predict turning points in the French economy 6-9 months in advance.
- France is the world's 7th largest economy.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Reference Series (GDP) measures a composite of multiple leading economic indicators for France to provide an early signal of turning points in the French business cycle.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is closely watched by French economic policymakers and financial market participants to anticipate future economic conditions and guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on a variety of input series.
Q: How is this trend used in economic policy?
A: This leading indicator provides insight into the future trajectory of the French economy, informing policy decisions by the government and central bank.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for France (LORSGPORFRQ661S), retrieved from FRED.