OECD: Slower Economic Activity on the Horizon

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The OECD's composite leading indicators (CLIs) "point more strongly to slowdowns in all major economies" than they were last month.  Here is a look at the composite CLIs for September:

Anything below that 100 marker points to economic activity below the long term trend.  And most OECD countries are below the line now.  The US, Russia and Japan remain holdouts, but Japan and US are still trending downward toward the 100 marker.  The indicators for Germany might be the most disappointing, and underscores the struggles in Europe:

See the specific CLIs for OECD countries here.


Posted 11-15-2011 11:15 AM by Graham Griffith
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