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Composite Leading Indicators for G7 Countries

Composite Leading Indicators (CLIs, compiled by the OECD) for the G7 Countries in 1955-2017, years corresponding to solar cycles 19-24, centered along solar maximums.

Fact: For 4 out of 7 countries—for the U.S., Japan, Germany, and Canada—the Composite Leading Indicators (CLIs) in the currently unfolding solar cycle 24 closely follow their average pattern from the previous cycles 19-23.

Literature references:

OECD: Leading indicators and tendency surveys

OECD System of Composite Leading Indicators

Last update: May 2018