Qualitative business survey data are used widely to provide indicators of economic activity ahead of the publication of … official data. Traditional indicators exploit only aggregate survey information, namely the proportions of respondents who … shows that the proposed indicator can provide early estimates of output growth more accurately than traditional indicators. …

show that country specific indicators play a much smaller role. We detect di?erences across business cycle phases but …

show that country specific indicators play a much smaller role. We detect di?erences across business cycle phases but …

show that country specific indicators play a much smaller role. We detect differences across business cycle phases but …