News release: “OECD composite leading indicators (CLIs) for November 2009 provide stronger signals of recovery than in last month’s assessment. Troughs in the underlying reference series – the index of industrial production – for all major seven countries, except Canada and the United Kingdom, are also visible, and the CLIs for all major seven countries have moved above their long-term trend, implying an expansionary outlook relative to trend (see also interpreting OECD CLIs). The outlook for major non member economies also continues to point to a recovery. etc.”
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