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Business Cycle Tracer, 31 August 2015 07:30

Economic situation improves further

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Analysis August:

According to Statistics Netherlands’ Business Cycle Tracer, the economic situation improved slightly in August 2015 from July. Almost all indicators in the Tracer are performing better than their long-term trend in August.

In the course of August, new data have become available for all indicators. As a result of the new information, the distribution of the indicators across and within the quadrants has changed.

Two indicators moved to another quadrant. Producer confidence and exports of goods moved from the green to the orange quadrant. These indicators are performing above their long-term trend, but the trend for these indicators shifted from upward to downward.

According to the Business Cycle Tracer, almost all indicators in the Tracer are performing better than their long-term trend. Ten of the fifteen indicators are in the green quadrant, three in the yellow and two in the orange quadrant. The growth rate of indicators in the red quadrant is below their long-term trend and slowing down. The growth rate of indicators in the yellow quadrant is also below their long-term trend, but increasing. The growth rate of the indicators in the green quadrant is above their long-term trend and increasing. The growth rate of indicators located in the orange quadrant is also above their long-term trend, but slowing down.

The Business Cycle Dashboard shows the cyle of the seperate indicators.
The BCT indicator shows the cycle of the heart of the scatter in the Tracer.

Do you want to know how Statistics Netherlands'  Business Cycle Tracer works? It is on YouTube: How does the Business Cycle Tracer work?.
Do you want to see how the economic downturn developed? It is on YouTube: Looking at the economic downturn.

New look for the business Cycle Tracer

Brief explanation Business Cycle Tracer
Definitions of indicators in the Business Cycle Tracer (BCT)
Methodological aspects, concept, cycle computation and indicator selection

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