The FNI index was last updated March 2.
The FNI index for the Norwegian economy has been updated with figures up to and including 2 March. The negative development observed in December and January has not continued, but the FNI has remained at the same level as in the previous month.
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 continued through January. During February, the FNI has not fallen further, but has remained at approximately the same negative level. By the beginning of March, the FNI index for the Norwegian economy is on 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, email@example.com or Professor Hilde C. Bjørnland, BI Norwegian Business School, +47 464 10 767, firstname.lastname@example.org.
Previous FNI Updates
- FNI Update January – Decreasing and Below Trend
- 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