Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Russia
RUSCSCICP03IXNSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.61
Year-over-Year Change
4.16%
Date Range
11/1/1998 - 5/1/2023
Summary
The Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Russia tracks consumer confidence trends in the Russian economy. This metric is a key leading indicator used by economists and policymakers to assess economic conditions and forecast future economic activity.
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: Composite Consumer Confidence Amplitude Adjusted for Russia is a composite index that aggregates several indicators of consumer confidence and spending behavior in Russia. It is a widely followed indicator of the overall health and trajectory of the Russian economy.
Methodology
This data is collected through surveys of Russian households and businesses by the OECD.
Historical Context
The Composite Leading Indicators are used by central banks, governments, and market analysts to inform economic policy decisions and investment strategies.
Key Facts
- The index has a base year of 2015 = 100.
- It is published monthly with a 2-month lag.
- Consumer confidence is a key driver of economic growth.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Russia measures the overall level of consumer confidence and spending behavior in the Russian economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is a leading indicator that provides insight into the future direction of the Russian economy, which is crucial for policymakers, investors, and other economic stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Russian households and businesses by the OECD.
Q: How is this trend used in economic policy?
A: Central banks, governments, and market analysts use the Composite Leading Indicators to inform monetary and fiscal policy decisions, as well as investment strategies.
Q: Are there update delays or limitations?
A: This data is published monthly with a 2-month lag, which means it may not fully reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for Russia (RUSCSCICP03IXNSAM), retrieved from FRED.