Economic activity easing in most major economies
A report by Organization for Economic Co-operation and Development shows an easing of economic activity for major global economies. Composite leading indicators are “designed to anticipate turning points in economic activity relative to trend.” Russia, the United States and Japan have stayed above long term trends, but momentum is slowing. Several Euro Area countries continue to show a below long-term trend. Italy shows a strong slowdown. India and China have a long term projected slowdown. Brazil is one of the only countries that “point to economic activity returning towards long-term trend.”
For more information, charts and statistics see this OECD article.