"An economic indicator is a statistic about an economic activity."
Overview of the different economic indicators that are used to measure the performance of an economy.
Gross Domestic Product (GDP): A measure of a country's total economic output, including all goods and services produced within its borders.
Inflation: The rate at which prices for goods and services increase over time; typically measured using the consumer price index (CPI).
Interest Rates: The cost of borrowing money, typically set by a central bank as part of monetary policy.
Unemployment Rates: The percentage of the labor force that is not employed but actively seeking work.
Federal Reserve: The central bank of the United States, responsible for setting monetary policy.
Fiscal Policy: The use of government spending and taxation to influence economic activity.
Money Supply: The total amount of money circulating in the economy, including physical currency and digital transactions.
Bond Market: The market where governments and companies issue debt to raise capital.
Stock Market: The market where shares of publicly traded companies are bought and sold.
Balance of Payments: The difference between a country's exports and imports of goods and services.
Exchange Rates: The value of one currency in relation to another currency.
Consumer Confidence: A measure of how optimistic consumers feel about the economy, typically measured through periodic surveys.
Productivity: A measure of the efficiency of labor and capital in producing goods and services.
Leading Indicators: Economic data that can help predict future trends in the economy.
Lagging Indicators: Economic data that confirms trends that have already occurred.
Gross Domestic Product (GDP): The total market value of all goods and services produced within a country's borders in a given period of time.
Consumer Price Index (CPI): A measure of the average change in prices paid by consumers for a fixed basket of goods and services over time.
Producer Price Index (PPI): A measure of the average change in prices received by producers for their goods and services over time.
Employment Indicators: A group of economic indicators that measure employment and unemployment levels.
Retail Sales: A measure of the total sales of goods and services by retailers to final consumers in a given period of time.
Industrial Production: A measure of the output of the manufacturing, mining, and utilities sectors of an economy.
Housing starts: A measure of the number of new residential construction projects that have broken ground in a given period of time.
Consumer confidence: A measure of how confident consumers feel about their personal financial situation and the overall economy.
Business inventories: A measure of the total value of goods held in inventory by businesses.
Money Supply: A measure of the total amount of money in circulation within an economy.
"Economic indicators allow analysis of economic performance and predictions of future performance."
"One application of economic indicators is the study of business cycles."
"Economic indicators include various indices, earnings reports, and economic summaries."
"Examples of economic indicators include the unemployment rate, quits rate, housing starts, consumer price index, Inverted yield curve, consumer leverage ratio, industrial production, bankruptcies, gross domestic product, broadband internet penetration, retail sales, price index, and changes in credit conditions."
"The leading business cycle dating committee in the United States of America is the private National Bureau of Economic Research."
"The Bureau of Labor Statistics is the principal fact-finding agency for the U.S. government in the field of labor economics and statistics."
"Other producers of economic indicators include the United States Census Bureau and United States Bureau of Economic Analysis."
"The consumer price index is a measure for inflation."
"The inverted yield curve is considered an economic indicator."
"The quits rate (quit rate in American English) represents..."
"Industrial production is measured by..."
"Bankruptcies are important economic indicators because..."
"Gross domestic product is calculated by..."
"Broadband internet penetration is an economic indicator that..."
"Retail sales is used as an economic indicator to..."
"The price index serves the purpose of..."
"Changes in credit conditions impact the economy by..."
"The National Bureau of Economic Research contributes to economic analysis through..."
"Economic indicators allow predictions of future performance."