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Can we predict recessions using only unemployment data? Applying the Sahm rule to OECD countries

5 minute readThe accurate and early identification of economic turning points is a longstanding challenge. While in some countries, recession periods are formally determined by business cycle committees – as is the case in the United States – these processes are complex and often take considerable time to conclude. Yet policymakers, economists and financial market participants require more timely signals of shifting economic conditions to support effective and well-informed decision-making.

MNE-thing is possible: New OECD-UNSD data release strengthens open evidence on multinational enterprises

5 minute readMultinational enterprises (MNEs) play an increasingly central role in the global economy. They influence trade patterns, investment flows, and production across countries, yet their complex organisational structures can be difficult to map out using traditional statistical sources. The Multinational Enterprise Information Platform (MEIP) was developed to help address this challenge by offering a clearer view of large MNEs and the cross-border networks through which they operate.

The Re-Export Puzzle: How the OECD addresses the largest source of distortion in merchandise trade statistics

7 minute readInternational trade statistics offer a picture of trade flows between countries and play a critical role in shaping economic policy, guiding trade negotiations, and supporting evidence-based research and decision-making. These statistics are reported from two different perspectives: that of the exporter and that of the importer. Users expect the two numbers to match but this is not always the case. Addressing them is essential for achieving a coherent and accurate view of international trade.

Featured, Housing, Inflation

Why is inflation so high now in the largest OECD economies?

9 minute readInflation in the OECD has steadily increased since the start of 2021. In March 2022 Inflation hit a 40-year high in Germany and the United States and broke records in all other G7 countries, except in…

April 26, 2022December 6, 2022 by oecdstatistics

Economic Growth, National Accounts, Tax

Tax revenue in the pandemic

5 minute readIn 2020, Gross Domestic Product (GDP) declined in most OECD countries as a consequence of the COVID-19 pandemic. Declining GDP tends to be accompanied by a fall in tax revenue because…

March 2, 2022April 19, 2023 by oecdstatistics

Migration, New Data

Going granular: The new OECD Municipal Migration Database (MMD)

8 minute readMigration has risen to the top of the policy agenda in recent years, and not just at the national or international level. Many regions in OECD countries face major demographic change…

December 8, 2021November 18, 2022 by oecdstatistics

Inequality, National Accounts, New Data

Distribution of household income, consumption and saving in line with national accounts

6 minute readEconomic inequality continues to be a matter of concern for policy makers and citizens. The COVID-19 pandemic has re-emphasised the need for more detailed information…

July 21, 2021October 29, 2024 by oecdstatistics

Covid-19, Inflation

Consumption shifts and inflation measurement during COVID-19

8 minute readThe consumer price index tracks the price changes, or inflation, of the goods and services purchased by an average household. It is a key statistic…

July 21, 2021April 19, 2023 by oecdstatistics

Digitalisation, Education, Machine Learning

Drawing on machine learning in the quest for effective teaching and learning

9 minute readWith most students having experienced remote learning over the past year due to COVID-19 related restrictions, the importance of teachers and schools has become only more evident.

July 8, 2021April 19, 2023 by oecdstatistics

Consumer Confidence, Covid-19, New Data

The OECD Consumer Barometer: What consumer sentiment tells us in times of crisis

7 minute readSince March 2020, the devastating effects of COVID-19 have undeniably marked consumers’ behaviour and significantly affected their professional and social lives.

March 22, 2021April 19, 2023 by oecdstatistics

Covid-19, Economic Growth, National Accounts

How did the first wave of the COVID-19 pandemic affect the household sector and public finances?

9 minute readThe recent publication of official economic growth estimates for the second quarter of 2020 confirmed the unprecedented impact of COVID-19 on OECD economies.

December 16, 2020November 18, 2022 by oecdstatistics

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