Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Composite Leading Indicators Signal Slowdown in Major European Economies
Nov 7, 2008
 Printable format
 Email this Article
 Search

The leading economic indicators for seven major global economies showed a continued weakening outlook, according to the Organization for Economic Co-Operation and Development (OECD). OECD's composite leading indicators (CLI) for September 2008 indicate cyclical slowdowns at levels not seen since the beginning of the decade. OECD says the latest data for major non-OECD member economies tentatively point to a downturn in China and a slowdown in Russia and India. The message from Brazil is mixed, but the latest data show tentative signs of a possible downturn.

The CLI for the OECD area decreased by 1.5 point in September 2008 and was 6.1 points lower than in September 2007. The CLI for the United States fell by 1.9 point in September and was 6.6 points lower than a year ago. The Euro area’s CLI decreased by 1.4 point in September and stood 7.3 points lower than a year ago. In September, the CLI for Japan decreased by 0.9 point, and was 2.4 points lower than a year ago.

The CLI for the UK fell by 1.4 point in September 2008 and was 7.5 points lower than a year ago, while the CLI for Canada decreased by 2.0 points in September and was 6.4 points lower than a year ago. For France, the CLI decreased by 0.9 point in September and was 6.4 points lower than a year ago. The CLI for Germany fell by 2.3 points in September and was 8.6 points lower than a year ago, and for Italy, the CLI fell by 0.5 point in September and stood 5.9 points lower than a year ago.
The CLI for China decreased 0.7 point in August 2008 (the CLI was updated from last month) and was 3.2 points lower than a year ago. The CLI for India fell by 1.0 point in August 2008 and was 6.6 points lower than in August 2007. The CLI for Russia decreased by 2.7 points in September and was 2.2 points lower than a year ago. In September 2008 the CLI for Brazil decreased by 1.6 point but stayed at the same level as one year ago.

Back to Daily News

 

Daily News

...........................................................

Nov 21, 2014: Electrolux: new U.S. fridge efficiency requirements are more complex than anticipated

Nov 21, 2014: Whirlpool brand launches Perceptions of Care video

Nov 21, 2014: Hon Hai 3Q profit $1 billion

Nov 21, 2014: Environmental Product Declarations for aluminum product types released

Nov 20, 2014: Report: Drop in affluents' consumer confidence may foretell signal trouble ahead for some retailers

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows