The Industrial Cycle of Milan as an Accurate Leading Indicator for the Italian Business Cycle

Matteo Pelagatti and Valeria Negri

OECD Journal: Journal of Business Cycle Measurement and Analysis, 2010, vol. 2010, issue 2, 1-17

Abstract: A coincident business cycle indicator for the Milan area is built on the basis of a monthly industrial survey carried out by Assolombarda, the largest territorial entrepreneurial association in Italy. The indicator is extracted from three time series concerning the production level and the domestic and foreign order book as declared by some 250 Assolombarda associates.

Date: 2010
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