Composite leading indicators continue to point to severe slowdown in OECD area. - The composite leading indicators (CLI) for February 2009 continue to point to a deep slowdown in the seven major OECD economies, the Organisation for Economic Cooperation and Development has announced. The OECD CLI is designed to provide early signals of turning points in business cycles. The CLI for the OECD area decreased by 0.6 point in February 2009 compared with January 2009 and was 9.7 points lower than...