The Organization for Economic Co-Operation and Development (OECD) publishes a wealth of data tracking the fundamental economic dynamics of the world’s largest economies.The OECD leading indicator, industrial production, business confidence and consumer confidence series all disclose important and timely clues to the state of each respective economy or group of economies (bookmark the live dashboard).
The latest monthly results indicate that for June the total leading index showed the first monthly decline since the current expansion began, dropping 0.03% since May but remaining 3.45% above the level seen in June 2009.
Total Business confidence registered the second consecutive monthly decline dropping 0.19% since May though remaining 5.47% above the level seen in June 2009.
Total Consumer confidence also declined with the total index dropping 0.20% since May remaining 1.84% above the level seen in June 2009.
