Monday, March 14, 2011

OECD Composite Leading Indicators: January 2011

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 economic conditions in the global economy continued to strengthen with the total leading index increasing 0.14% since December and climbing 0.75% above the level seen in January 2010.

Total Business confidence also improved notably climbing 0.42% since January (more timely data) and climbing 2.98% above the level seen in February 2010.

Total Consumer confidence also increased notably with the total index increasing 0.16% since January (more timely data) and 0.72% above the level seen in February 2010.