Leading indicators are produced by both the OECD and the UK Office of National Statistics as tools for predicting turning points of the business cycle. An assessment on the basis of performance at turning points is frustrated by their scarcity. It is found that the indicators generally have...

Cyclical indicators have hitherto been used as a means of describing the state of the economy on a month by month basis. However, they have proved unsatisfactory for a number of reasons and are now no longer published. This paper summarises a means of producing monthly estimates of GDP from...