The FNI index was last updated 31 January.
The FNI index for the Norwegian economy has been updated with figures up to and including 31 January. The negative development in the index observed in December continues in January.
In line with increased infection pressure from Covid-19, the FNI index started to indicate that we were entering a recession by the end of 2020. This negative development has continued through January, and the FNI index exits the month decreasing and below trend.
- 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, firstname.lastname@example.org or Professor Hilde C. Bjørnland, BI Norwegian Business School, +47 464 10 767, email@example.com.
Previous FNI Updates
- FNI Update December – Leaving 2020 Below Trend
- FNI Update November – Great Uncertainty in the Estimates
- 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