Tuesday, January 13, 2009

OECD: Country Composite Leading Indicators, Brazil Only Country Whose Prospects Remain Relatively Stable

The Organization for the Economic Cooperation and Development (OECD) has just released a study about countries economic prospect in 2009.

Brazil is the only country whose prospects remain relatively stable,
being the only country among 34 others analyzed by the study whose Composite Leading Indicator, a measurement of a country's economic activity levels, remains higher than 100 points.

The worst CLIs in November were for China with a reading of 88.5 and Russia 89.8. The best were Brazil with 101.2 and France with 95.9. The US was at 92.2 and Canada at 94.3.

(please click on image to enlarge)

The worst year over year changes were for Russia (-13.8 points) and China (-12.9 points).

Country Composite Leading indicators:

(please click on image to enlarge)

Shaded areas represent growth downswing.

Please see the complete study.

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