OECD Indicators: Increasing Pace of Global Expansion Jan 10, 2011

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An increasing pace of global economic expansion was indicated in November 2010 by OECD composite leading indicators (CLIs).

The CLIs for China, the United States, France, and Japan show clear signs of accelerating economic activity, while the one for Russia points strongly to steady expansion.

The German CLI is unchanged from the previous month at a rate above 100 and should therefore be interpreted as a sign of a continued, stable pace of expansion. Signs of stabilization in the pace of economic expansion are also present in the CLIs for Canada, Italy, the United Kingdom, and India.

In Brazil, the CLI continues to point to a slowdown in economic activity.

OECD (Organisation for Economic Co-operation and Development) composite leading indicators (CLIs) are designed to anticipate turning points in economic activity. OECD designations:

OECD-Total covers these 29 countries:
• Australia
• Austria
• Belgium
• Canada
• Czech Republic
• Denmark
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Japan
• Korea
• Luxembourg
• Mexico
• Netherlands
• New Zealand
• Norway
• Poland
• Portugal
• Slovak Republic
• Spain
• Sweden
• Switzerland
• Turkey
• United Kingdom
• United States

ASEAN, the Association of Southeast Asian Nations, includes:
• Brunei
• Cambodia
• Indonesia
• Laos
• Malaysia
• Myanmar
• Philippines
• Singapore
• Thailand
• Vietnam

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