Consumer Price Index: All Items: Total
Growth rate previous period, Quarterly
OECDCPALTT01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.04
Year-over-Year Change
192.85%
Date Range
4/1/1970 - 10/1/2023
Summary
The growth rate previous period, Quarterly trend measures the quarter-over-quarter change in the OECD Composite Leading Indicator (CLI). This metric provides insights into the near-term economic outlook and informs policymakers' decisions.
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 growth rate previous period, Quarterly trend tracks the sequential change in the Composite Leading Indicator for the OECD countries on a quarterly basis. The CLI is a widely-used leading economic indicator that aggregates various underlying metrics to forecast turning points in the business cycle.
Methodology
The OECD calculates this growth rate based on its proprietary CLI data collection and aggregation methodology.
Historical Context
Economists and policymakers closely monitor this trend to anticipate shifts in the broader economy.
Key Facts
- The CLI aggregates multiple underlying economic metrics.
- This trend provides a forward-looking view of the business cycle.
- Quarterly growth rates help identify turning points in economic activity.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, Quarterly trend measures the quarter-over-quarter change in the OECD Composite Leading Indicator (CLI), a leading economic indicator that forecasts turning points in the business cycle.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the near-term economic outlook, helping policymakers and analysts anticipate shifts in the broader economy.
Q: How is this data collected or calculated?
A: The OECD calculates this growth rate based on its proprietary CLI data collection and aggregation methodology.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to inform their decisions and anticipate changes in the business cycle.
Q: Are there update delays or limitations?
A: The OECD Composite Leading Indicator data, upon which this trend is based, may have update delays or limitations typical of economic statistics.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (OECDCPALTT01GPQ), retrieved from FRED.