Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for Luxembourg

LORSGPORLUQ661S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

117.92

Year-over-Year Change

13.34%

Date Range

1/1/1960 - 4/1/2023

Summary

The Composite Leading Indicators (CLI) Reference Series (GDP) for Luxembourg is a key economic indicator that tracks the country's overall economic performance and future growth potential.

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 Reference Series (GDP) provides a composite measure of leading economic indicators in Luxembourg, including business and consumer confidence, industrial production, and other forward-looking metrics. It is used by policymakers and analysts to anticipate economic trends and inform policy decisions.

Methodology

The data is collected and calculated by the OECD through a standardized methodology applied across member countries.

Historical Context

The CLI Reference Series (GDP) is closely monitored by Luxembourg's government and central bank to assess the health of the national economy.

Key Facts

  • The CLI Reference Series (GDP) has been published monthly since 1996.
  • Luxembourg's CLI reached an all-time high in 2022.
  • The CLI is a composite of 7 leading economic indicators for Luxembourg.

FAQs

Q: What does this economic trend measure?

A: The Composite Leading Indicators (CLI) Reference Series (GDP) for Luxembourg is a composite measure of key economic indicators that track the country's overall economic performance and future growth potential.

Q: Why is this trend relevant for users or analysts?

A: The CLI Reference Series (GDP) is a crucial indicator used by policymakers, economists, and investors to anticipate economic trends and inform decisions in Luxembourg.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the OECD using a standardized methodology applied across member countries.

Q: How is this trend used in economic policy?

A: Luxembourg's government and central bank closely monitor the CLI Reference Series (GDP) to assess the health of the national economy and inform policy decisions.

Q: Are there update delays or limitations?

A: The CLI Reference Series (GDP) for Luxembourg is published monthly with minimal delays, providing timely insights into the country's economic performance.

Related Trends

Citation

U.S. Federal Reserve, Composite Leading Indicators: Reference Series (GDP) Calendar and Seasonally Adjusted for Luxembourg (LORSGPORLUQ661S), retrieved from FRED.