There is no lack of information for diagnosing the development of the economy. The problem is more one of obtaining a concise summary. The IW Business Cycle Traffic Light captures at a glance the changes in important economic indicators for Germany, the Eurozone, the USA and China. This can only be achieved by establishing which improvements and deteriorations in the short-term development of the economy can be defined as relevant. Like its individual underlying indicators the IW Business Cycle Traffic Light represents the status of information a varying number of months ago, thus partly reflecting the inevitable recognition lags in business cycle diagnosis.
The German Economy in Times of Cheap Oil and Cheap Money
Die Bedeutung des zukünftigen Kohorteneffekts auf den Wohnflächenkonsum
IW Business Cycle Traffic Light
Concept, Data and Evaluation
- Jan Cholewa / Henry Goecke / Michael Grömling ·
- IW-Trends ·
- 27. Apr 2015