Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for Japan
LORSGPORJPQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.40
Year-over-Year Change
-128.26%
Date Range
1/1/1961 - 7/1/2023
Summary
The Composite Leading Indicators: Reference Series (GDP) is a key economic indicator that tracks Japan's overall economic activity and forecasts future trends. It is a critical measure for policymakers and analysts monitoring the health of the Japanese economy.
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 combines several forward-looking economic indicators to provide an early signal of turning points in Japan's economic activity. It is used to anticipate and understand changes in the business cycle and overall economic performance.
Methodology
The data is collected and calculated by the OECD using a standardized methodology across member countries.
Historical Context
This leading indicator is closely watched by the Bank of Japan, government officials, and private sector analysts to inform economic policy and investment decisions.
Key Facts
- The index ranges from 0 to 100, with 100 representing the peak of economic activity.
- Japan's Composite Leading Indicators have shown a steady upward trend since the global financial crisis.
- The indicator is released monthly, providing timely insights into the direction of Japan's economy.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Reference Series (GDP) measures a range of forward-looking economic variables to provide an early signal of turning points in Japan's overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: This leading indicator is a critical tool for policymakers, investors, and analysts to anticipate and understand changes in Japan's business cycle and economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD using a standardized methodology across member countries.
Q: How is this trend used in economic policy?
A: The Composite Leading Indicators are closely monitored by the Bank of Japan, government officials, and private sector analysts to inform economic policy and investment decisions.
Q: Are there update delays or limitations?
A: The indicator is released monthly, providing timely insights into the direction of Japan's economy.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for Japan (LORSGPORJPQ659S), retrieved from FRED.