Macro concept

Leading indicators

Variables that move ahead of the business cycle.

Body

Manufacturing PMI, yield curve, credit spreads, initial jobless claims, building permits, M2 — indicators that precede recessions by 3-12 months. OECD Composite Leading Indicators (CLI) and Conference Board LEI are references. olivLaw integrates these series (BNR, Eurostat, OECD) and computes its own Romania leading score.

Related