OECD Composite Leading Indicators: September 2011

Note... be sure to bookmark the OECD Dashboard for a real-time view of all the OECD composite indices.

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.

The latest monthly results indicate that economic conditions in the global economy have weakened notably with the total leading index declining 0.17% since August dropping 0.55% below the level seen in September 2010 while two more timely indicators of business and consumer confidence slumped dramatically.

Total Business confidence plunged 0.59% since September (more timely data) falling 2.42% below the level seen in October 2010.

Total Consumer confidence dropped 0.31% since September (more timely data) slumping 2.57% below the level seen in October 2010.

China's Engine: September 2011

Looking at the latest release of the OECD economic indicators for China, it appears that the massive jump in economic activity seen since the panicky period of late 2008 took a notable pause throughout most of 2010 and after having shown some growth into late 2010, is now back on the decline (note... this is a highly revised series that has been swinging between expansion to contraction with each monthly release).

China’s leading economic indicator suggests that economic activity slowed in September showing a month-to-month decline of 0.03% bringing the latest level 0.84% below the level seen in September 2010.

The Fall of Greece: September 2011

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through tremendously difficult economic times.

Industrial production is epically weak, consumer confidence has dropped off a cliff, business confidence is collapsing and the leading index is turning down fast dropping 0.3% since August and 5.76% below the level seen in September 2010.

For October (more timely data), consumer confidence collapsed 0.84% from September and dropped 1.95% below the level seen in August 2010 while business confidence plummeted 0.5% from September and slumping 0.88% below the level seen in October 2010.

Industrial production remains epically weak while jumping 11.05% between June and July 2011 (much less timely data) remaining near the lowest levels seen since the late 1990s.

OECD Composite Leading Indicators: July 2011

Note... be sure to bookmark the OECD Dashboard for a real-time view of all the OECD composite indices.

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.

The latest monthly results indicate that economic conditions in the global economy generally weakened with the total leading index declining 0.20% since June falling 0.07% below the level seen in July 2010 while a more timely indicator of business confidence weakened notably.

Total Business confidence plunged 0.72% since July (more timely data) falling 1.31% below the level seen in August 2010.

Total Consumer confidence increased with the total index climbing 0.18% since July (more timely data) and climbing 0.77% above the level seen in August 2010.

China's Engine: July 2011

Looking at the latest release of the OECD economic indicators for China, it appears that the massive jump in economic activity seen since the panicky period of late 2008 took a notable pause throughout most of 2010 and after having shown some growth into late 2010, is now back on the decline (note... this is a highly revised series that has been swinging between expansion to contraction with each monthly release).

China’s leading economic indicator suggests that economic activity slowed in July showing a month-to-month decline of 0.10% bringing the latest level just 0.41% below the level seen in July 2010.

The Fall of Greece: July 2011

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through tremendously difficult economic times.

Industrial production is collapsing further into severe contraction territory, consumer confidence remains distressed, business confidence remains depressed and the leading index is turning down fast dropping 0.4% since June and 6.84% below the level seen in July 2010.

For August (more timely data), consumer confidence rose a meager 0.18% from July but dropped 5.17% below the level seen in August 2010 while business confidence increased a slight 0.28% from July climbing 0.86% above the level seen in August 2010.

Industrial production remains epically weak plunging a stunning 3.97% between May and June 2011 (less timely data) remaining near the lowest levels seen since the late 1990s.

OECD Composite Leading Indicators: May 2011

Note... be sure to bookmark the OECD Dashboard for a real-time view of all the OECD composite indices.

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.

The latest monthly results indicate that economic conditions in the global economy generally weakened with the total leading index declining 0.23% since April but climbing 0.80% above the level seen in May 2010 while a more timely indicator of business confidence weakened notably.

Total Business confidence plunged 0.60% since May (more timely data) but still remaining 0.25% above the level seen in June 2010.

Total Consumer confidence increased with the total index climbing 0.14% since May (more timely data) but remaining a slight 0.01% below the level seen in June 2010.

The Fall of Greece: April 2011

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through tremendously difficult economic times.

Industrial production remains in severe contraction territory, consumer confidence has fallen off a cliff, business confidence is clearly depressed and the leading index is turning down fast dropping 0.66% since March and 6.36% below the level seen in April 2010.

For May (more timely data), consumer confidence declined 0.04% from April and dropped 0.69% below the level seen in May 2010 while business confidence declined notably from April dropping 0.47% but remaining 0.86% above the level seen in May 2010.

Industrial production remains epically weak plunging 1.21% between February and March 2011 (less timely data) remaining near the lowest levels seen since the late 1990s.

China's Engine: April 2011

Looking at the latest release of the OECD economic indicators for China, it appears that the massive jump in economic activity seen since the panicky period of late 2008 took a notable pause throughout most of 2010 and after having shown some growth into early 2010, is now back on the decline (note... this is a highly revised series that has been swinging between expansion to contraction with each monthly release).

China’s leading economic indicator suggests that economic activity declined in April showing a month-to-month decline of 0.33% bringing the latest level just 0.84% below the level seen in April 2010.

OECD Composite Leading Indicators: April 2011

Note... be sure to bookmark the OECD Dashboard for a real-time view of all the OECD composite indices.

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.

The latest monthly results indicate that economic conditions in the global economy generally weakened with the total leading index declining 0.02% since March but climbing 0.44% above the level seen in April 2010 while a more timely indicator of business confidence weakened notably.

Total Business confidence plunged 0.89% since April (more timely data) but still remaining 0.71% above the level seen in May 2010.

Total Consumer confidence increased with the total index climbing 0.26% since April (more timely data) dropping 0.08% below the level seen in May 2010.

The Fall of Greece: March 2011

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through difficult economic times.

Industrial production remains in severe contraction territory, consumer has fallen off a cliff, business confidence though trending up is clearly depressed and the leading index is turning down fast dropping 0.43% since January (delayed data) and 6.44% below the level seen in February 2010.

For April (more timely data), consumer confidence declined 0.09% from March and dropped 1.32% below the level seen in April 2010 while business confidence declined notably from March dropping 0.67% but remaining 0.97% above the level seen in April 2010.

Industrial production remains weak but jumped 0.75% between November and December 2010 (much less timely data) remaining near the lowest levels seen since the late 1990s.

China's Engine: March 2011

Looking at the latest release of the OECD economic indicators for China, it appears that the massive jump in economic activity seen since the panicky period of late 2008 took a notable pause throughout most of 2010 and now appears back on the rise (note... this is a highly revised series that has been swinging between expansion to contraction with each monthly release).

China’s leading economic indicator suggests that economic activity expanded in March showing a month-to-month increase of 0.11% bringing the latest level just 0.02% below the level seen in March 2010.

OECD Composite Leading Indicators: March 2011

Note... be sure to bookmark the OECD Dashboard for a real-time view of all the OECD composite indices.

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.

The latest monthly results indicate that economic conditions in the global economy continued to generally strengthen with the total leading index increasing 0.05% since February and climbing 0.58% above the level seen in March 2010 while a more timely indicator of consumer confidence weakened notably throughout April.

Total Business confidence also declined falling 0.08% since March (more timely data) but still remaining 2.10% above the level seen in April 2010.

Total Consumer confidence also declined notably with the total index slumping 0.37% since March (more timely data) dropping 0.64% below the level seen in April 2010.

The Fall of Greece: February 2011

Looking at the most recent OECD economic indicators, Greece makes by far the weakest showing in all the Eurozone as it continues to plod through difficult economic times.

Industrial production remains in severe contraction territory, consumer has fallen off a cliff, business confidence though trending up is clearly depressed and the leading index is turning down fast dropping 0.38% since January and 6.41% below the level seen in February 2010.

For March (more timely data), consumer confidence increased 0.51% from February but dropped 1.75% below the level seen in March 2010 while business confidence increased notably from February climbing 2.06% above the level seen in March 2010.

Industrial production remains weak but jumped 0.75% between November and December 2010 (much less timely data) remaining near the lowest levels seen since the late 1990s.