IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Short-Term Indicators: Using Qualitative Indicators to Update Production Indices

Listed author(s):
  • Paul Schreyer
  • Corinne Emery
Registered author(s):

    Short-term economic indicators play an important role in the assessment of current cyclical situations and in the establishment of forecasts. Broadly, two types of short-term indicators can be distinguished: qualitative indicators, reflecting businessmen’s subjective assessment of the cyclical situation (e.g., production prospects or judgements on orderbooks), and quantitative indicators, reflecting past developments of production or employment. The usefulness of qualitative indicators rests on their reliability to approximate the possible evolution of the quantitative ones. The present document shows the results of a pilot study for six industrial sectors in seven Member countries whereby short-term qualitative indicators are used to “nowcast” a quantitative indicator, the production index. The objective is to enhance the timeliness of short-term industrial statistics through estimation of data points for the most recent periods for which they are not yet available. From the current ... Les indicateurs économiques à court terme jouent un rôle important dans l'appréciation des situations conjoncturelles et dans l'établissement des prévisions. On distingue en général deux types d'indicateurs à court terme : les indicateurs qualitatifs, qui reflètent l'opinion subjective des dirigeants d'entreprises sur la situation conjoncturelle (par exemple, les perspectives de production ou l'appréciation des carnets de commandes), et les indicateurs quantitatifs, qui rendent compte de l'évolution passée de la production ou de l'emploi. L'utilité des indicateurs qualitatifs repose sur leur capacité à anticiper avec fiabilité l'évolution possible des indicateurs quantitatifs. Ce document présente les résultats d'une étude pilote concernant six secteurs industriels dans sept pays Membres, pour laquelle on utilise des indicateurs qualitatifs à court terme afin d'obtenir des prévisions instantanées d'un indicateur quantitatif, l'indice de production. L'objectif est d'améliorer le ...

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Paper provided by OECD Publishing in its series OECD Science, Technology and Industry Working Papers with number 1996/3.

    in new window

    Date of creation: 01 Jan 1996
    Handle: RePEc:oec:stiaaa:1996/3-en
    Contact details of provider: Postal:
    2 rue Andre Pascal, 75775 Paris Cedex 16

    Phone: 33-(0)-1-45 24 82 00
    Fax: 33-(0)-1-45 24 85 00
    Web page:

    More information through EDIRC

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:oec:stiaaa:1996/3-en. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.