Monday, February 14, 2011

OECD Composite Leading Indicators: December 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 economic conditions in the global economy continued to strengthen with the total leading index increasing 0.10% since November and climbing 0.82% above the level seen in December 2009.

Total Business confidence also improved notably climbing 0.47% since November and remaining 3.72% above the level seen in December 2009.

Total Consumer confidence for December also jumped notably with the total index increasing 0.13% since November and 0.75% above the level seen in December 2009.