Friday, November 19, 2010

OECD Composite Leading Indicators: September 2010

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 the global economy is clearly slowing with the total leading index showing only modest growth, increasing 0.01% since August and remaining 1.73% above the level seen in September 2009.

Total Business confidence registered improved climbing 0.28% since September (more timely data) and remaining 3.93% above the level seen in October 2009.

Total Consumer confidence for October (more timely data) declined with the total index dropping 0.02% since September but remaining 0.61% above the level seen in October 2009.