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Global Business Cycle Indicators

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Benchmark Revisions - November 2006
Benchmark Revisions - June 2016

Update

November 2006 Benchmark Revisions to Japan Composite Indexes
As a result of these revisions, the full histories (1965-present) of the Japan leading and coincident indexes were revised in November 2005. Historical data series are available for purchase.

November 2006 benchmark revisions to Japan leading economic indicators and related composite indexes

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StraightTalk®
Straight Talk October 2019

StraightTalk®Global Economic Outlook 2020: Stagnating Growth and Stalling Globalization: What's Ahead?

From the Chief Economist

A Downsized and Uneven Labor Market

The April jobs report shows a staggering loss of 20.5 million jobs, which is the largest monthly loss in recorded history. Employment dramatically dropped across almost every industry. The unemployment rate jumped to 14.7 percent, the highest since the Great Depression. The unemployment rate underestimates the amount of slack currently in the labor market. 5.1 million additional workers are now working part-time even though they prefer a full-time job. And the number of people outside the labor force grew by 6.6 million, showing many are currently discouraged to even try to find a job. Over the coming months, we should expect participation to increase again as the economy begins to open up.

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