Order-capacity index (also used in German; less frequently orders-capacity indicator)

Leading indicator – about four months ahead – of industrial production, whereby new orders are set in relation to production capacity. Monitored by the ECB as part of the two-pillar principle. – See new orders statistics, purchasing managers’ survey, survey of professional forecasters, business cycle diagnosis, crisis foreshadowing, OR intake, output gap, turnaround, confidence indicator. – Cf. Deutsche Bundesbank Monthly Bulletin of February 2007, pp. 54 f. (with time series from 1993), ECB Monthly Bulletin of July 2013, pp. 71 ff. (new ECB indicator as new orders statistics in the euro area; overviews).

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/