Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for OECD + Major Six NME
ONMLOLITOAASTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.53
Year-over-Year Change
-0.00%
Date Range
1/1/1970 - 1/1/2022
Summary
The OECD Leading Indicators measure economic activity and future trends across major economies. The amplitude-adjusted CLI is a key gauge of the business cycle and recession risk.
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 OECD Composite Leading Indicator (CLI) tracks economic activity and predicts turning points in the business cycle. The amplitude-adjusted CLI accounts for varying volatility across countries and sectors.
Methodology
The CLI is calculated from a variety of economic indicators, including employment, production, and consumer confidence.
Historical Context
Policymakers and analysts closely monitor the CLI to assess the economic outlook and guide fiscal and monetary policy decisions.
Key Facts
- The CLI covers 33 OECD and major non-OECD economies.
- The amplitude-adjusted CLI accounts for differences in volatility across countries.
- The CLI is a leading indicator, signaling changes in the business cycle ahead of time.
FAQs
Q: What does this economic trend measure?
A: The OECD Composite Leading Indicator (CLI) measures economic activity and predicts turning points in the business cycle across major economies.
Q: Why is this trend relevant for users or analysts?
A: The CLI is a key gauge of the economic outlook and business cycle, helping policymakers and analysts assess recession risk and guide policy decisions.
Q: How is this data collected or calculated?
A: The CLI is calculated from a variety of economic indicators, including employment, production, and consumer confidence.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the CLI to assess the economic outlook and guide fiscal and monetary policy decisions.
Q: Are there update delays or limitations?
A: The CLI data is published monthly with a lag, and may be subject to revisions as new information becomes available.
Related Trends
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Original series for OECD + Major Six NME
ONMLORSGPORGYSAM
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Normalised for OECD + Major Six NME
ONMLORSGPNOSTSAM
Leading Indicators OECD: Leading indicators: CLI: Trend restored for OECD + Major Six NME
ONMLOLITOTRGYSAM
Consumer Opinion Surveys: Confidence Indicators: Composite Indicators: OECD Indicator for OECD and Major Six NME
CSCICP03O9M665S
Leading Indicators OECD: Leading indicators: CLI: Normalised for OECD + Major Six NME
ONMLOLITONOSTSAM
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for OECD + Major Six NME
ONMLORSGPRTSTSAM
Citation
U.S. Federal Reserve, Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for OECD + Major Six NME (ONMLOLITOAASTSAM), retrieved from FRED.