Leading Indicators OECD: Component series: BTS - Order books: Normalised for Sweden

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

Latest Value

99.53

Year-over-Year Change

-1.94%

Date Range

1/1/1990 - 11/1/2022

Summary

This economic trend measures the order books of businesses in Sweden, which is a key component of the OECD's leading indicators index. It provides insights into the current and future state of the Swedish 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 order books indicator reflects the volume of new orders received by Swedish businesses. It is a forward-looking metric that can signal changes in economic activity and help policymakers and analysts assess the country's economic outlook.

Methodology

The data is collected through business surveys and then normalized to account for seasonal variations.

Historical Context

The order books indicator is a valuable input for OECD's assessment of Sweden's economic performance and future growth potential.

Key Facts

  • The order books indicator is a component of the OECD's leading indicators index for Sweden.
  • It reflects the volume of new orders received by Swedish businesses.
  • The data is collected through business surveys and normalized to account for seasonal variations.

FAQs

Q: What does this economic trend measure?

A: This trend measures the order books of businesses in Sweden, which is a key component of the OECD's leading indicators index for the country.

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

A: The order books indicator provides insights into the current and future state of the Swedish economy, helping policymakers and analysts assess the country's economic outlook.

Q: How is this data collected or calculated?

A: The data is collected through business surveys and then normalized to account for seasonal variations.

Q: How is this trend used in economic policy?

A: The order books indicator is a valuable input for OECD's assessment of Sweden's economic performance and future growth potential, which informs economic policy decisions.

Q: Are there update delays or limitations?

A: The data is subject to the same update and release schedules as other OECD leading indicators, which may include some delays or limitations.

Related Trends

Citation

U.S. Federal Reserve, Leading Indicators OECD: Component series: BTS - Order books: Normalised for Sweden (SWELOCOBONOSTSAM), retrieved from FRED.