The OECD said today its composite leading indicator (CLI) rose to 112 in November from 110.9 in October.
The CLI summarises information contained in a number of key short-term indicators known to be linked to GDP and provides early signals of turning points between expansions and slowdowns in economic activity.
The six-month rate of change improved for the first time since June.
The CLI for the US rose to 113.5 in November from 111.5 in October, while for Japan it climbed to 105.1 from 104.7.
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The CLI for the euro zone rose to 110.0 from 109.3, and for the EU it climbed to 110.3 from 109.8.