Tuesday, March 22, 2011

Recent Conference Board and OECD leading economic indices

Since my last comment on March 14 on the OECD leading composite indices, the Conference Board (CB) published new data on some countries leading economic indices. See here how the two set of indices  compare, the most recent data of the indices being based on last January.

China : the OECD and CB indices point towards a moderate slowdown in the pace of growth.
Spain : both indices let anticipate a slow pace of growth.
United Kingdom : the OECD index signals a stable pace of growth, and the CB index allows to qualify it as being from modest to moderate.
France : regained growth momentum according to both indices.
Germany : continuation of the expansion according to the OECD and slowdown in the pace of growth based on the CB.

The CB published also its index of leading indicators for the United States for which the most recent data are the ones of February, and the index points to a sustained economic expansion in the coming months. The OECD January index also signals that the expansion will continue in that country.

Obviously, those indices do not take into account the consequences on the world economy of the recent catastrophes in Japan.

Details at : http://www.oecd.org/department/0,3355,en_2649_34349_1_1_1_1_1,00.html

                http://www.conference-board.org/data/bci.cfm

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