Data Diary

The OECD’s latest leading indicators present a sombre image of world growth – perhaps the best that can be said of them is that China looks to be shaking off the malaise that accompanied its recent attempts to rein in credit growth.             Looking first to the broadest of measures, [...]

From the OECD’s latest release of their composite leading indicators: Composite leading indicators (CLIs)…point to a mild loss of growth momentum in most major economies for April 2011. A notable exception is the United States which continues expanding relative to trend, albeit more moderately than in last month’s assessment. The CLIs point to a stable pace of [...]

OECD leading indicators were released Monday (here) and are signalling that global growth remains on the front foot – though it’s likely to be peaking by mid-year: In the US, growth was heading towards a cyclical high relative to trend, but again looks likely to peak over the next three months: Interestingly growth out of [...]

Quick update – it’s just charts – leave the tarot reading to y’all

OECD released their leading indicators for March (here). The CLIs for Germany, Japan, and the United States continue pointing to robust expansion relative to trend. Signs of regained growth momentum characterise the CLIs for France and Canada. The CLI for the United Kingdom points to a slow but stable pace of expansion. The CLI for Italy continues [...]

The call from the crows nest is that the wet sails are working and the US economy is picking up some speed.  The latest OECD composite leading indicators confirm the trend: And even, the Euro area is taking heart – at least in aggregate: But it’s the emerging markets that are struggling against the liquidity [...]

Catching up with the OECD CLI released overnight (here).  According to the OECD: OECD composite leading indicators (CLIs) for September 2010 point to diverging patterns of economic growth across major economies. The CLIs show signs of continuing expansion in Germany, Japan, the United States and Russia, while pointing to a moderate downturn in Canada, France, [...]

OECD CLI released overnight (original release here). All-in-all the data paints a pretty sanguine picture – while the expansion has peaked, the rate of change in the leading indicators looks to have stabilised: Flicking through the leading economic regions, the pattern is reasonably consistent: Note that these readings were taken before the latest QE and [...]

Some might well argue that the OECD is falling behind the digitally enhanced pack with its leading indicator. Still, if you take somewhat of a bigger picture of things there is value to be had in monitoring their longstanding CLI data set. So to the release overnight for the end of July (here). In Canada, [...]

Latest OECD Composite Leading Indicators are out (here) – with the June data slipping into the red indicating according to the OECD “a possible peak in expansion”. ‘Possible peak’?  Looks pretty much like it is a near certainty.  With Europe yet to feel the effects of the communal belt tightening and the US struggling to [...]