Browse Stacks: Trading: ETFs: Imgur: The magic of the Internet

The OECD composite leading indicator (CLI) is designed to provide early signals of turning points in business cycles showing fluctuation of the economic activity around its long term potential level. Published on a monthly basis a turning-point in the CLI will generally signal a turning-point in the business cycle in 6-9 months early. The OECD CLI system uses the monthly index of industrial production (IIP) from 34 countries as a proxy measure for economic activity. he OECD composite leading indicator (CLI) is designed to provide early signals of turning points in business cycles showing fluctuation of the economic activity around its long term potential level. Published on a monthly basis a turning-point in the CLI will generally signal a turning-point in the business cycle in 6-9 months early. The OECD CLI system uses the monthly index of industrial production (IIP) from 34 countries as a proxy measure for economic activity. Introductory video: https://www.youtube.com/watch?v=UY8iPW0GVAo