The FNI was last updated 30 November.
The FNI index for the Norwegian economy has been updated with figures up to and including 30 November. The index indicates a better economic development in November than by the end of October when the index fell sharply, but the uncertainty is large.
In line with increased infection pressure and uncertainty in the markets related to the US election, the FNI index fell sharply at the end of October. With updated figures for November, the index has been sharply revised upwards. This is due to the fact that the uncertainty in the estimates has been great ever since the Covid pandemic struck earlier this year. The index indicates that the business cycle has developed in line with trend levels in November.
- To read more about the FNI, visit our website.
- To read more about the use of textual data, we recommend: Thorsrud, Leif Anders (2018), “Words are the new numbers: A newsy coincident index of the business cycle”, Journal of Business & Economic Statistics.
For more information, contact Associate Professor Leif A. Thorsrud, BI Norwegian Business School, +47 988 37 976, leif.a.thorsrud@bi.no or Professor Hilde C. Bjørnland, BI Norwegian Business School, +47 464 10 767, hilde.c.bjornland@bi.no.
Previous FNI Updates
- FNI Update October – A W-Shaped Recession?
- FNI Update September – Continued Low Growth
- FNI Update August – Growth has Slowed Down
- Extra FNI Update: Still well below trend, but improving
- Extra FNI Update: U, V, or Still Declining?
- Extra FNI Update: Approaching the Trough
- Extra FNI Update: Is the Worst Behind us?
- Extra FNI Update: Lowest level since early 1990s
- March 2020 – as Serious as During the Financial Crisis
- Extra FNI Update – The impact of the Corona Crisis
- February 2020 – The Business Cycle is Weakening
- January 2020 – Continuing Around Trend
- December 2019 – Entering 2020 around Trend
