Economic Indicator

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economic indicator
criterion or measure of the state of the economy


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Economic indicator
An economic indicator (or business indicator) is a statistic about the economy. Economic indicators allow analysis of economic performance and predictions of future performance. Economic indicators include various indices, earnings reports, and economic summaries, such as unemploymenthousing startsConsumer Price Index (a measure for inflation), industrial productionbankruptciesGross Domestic Productretail salesstock market prices, and money supply changes. Economic indicators are primarily studied in a branch of macroeconomics called "business cycles". The leading business cycle dating committee in the United States of America is the National Bureau of Economic Research.
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Raynet Business | Marketing DictionaryDownload this dictionary
Economic Indicator
statistical data showing general trends in the economy. Those with predictive value are leading indicators; those occurring at the same time as the related economic activity are coincident indicators; and those that only become apparent after the activity are lagging indicators. Examples are unemployment, housing starts, Consumer Price Index, industrial production, bankruptcies, GDP, stock market prices, money supply changes, and retail sales.

Copyright © 2001, Ray Wright

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