Monday, November 14, 2011

[IWS] OECD composite leading indicators continue pointing to slowdown in economic activity [14 November 2011]

IWS Documented News Service
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor----------------------
Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau




OECD composite leading indicators continue pointing to slowdown in economic activity [14 November 2011],3746,en_21571361_44315115_49024420_1_1_1_1,00.html




Composite leading indicators (CLIs) for  September 2011, designed to anticipate turning points in economic

activity relative to trend, continue pointing to  a slowdown in  economic activity  in most OECD countries and

major non-member economies.


Compared to last month's assessment, the CLIs point more strongly to slowdowns  in all major economies. In

Japan, Russia and the United States the CLIs point to slowdowns in growth towards long term trends. In

Canada,  France,  Germany,  Italy, the  United Kingdom, Brazil,  China,  India and the  Euro area,  the

CLIs point to economic activity falling below long term trend.




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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
Telephone: (607) 262-6041               
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