1. Leading Indicators: Leading indicators are economic variables that change before the rest of the economy starts to go in a particular direction. They are used to predict future economic trends.
2. Lagging Indicators: Lagging indicators are economic variables that change after the economy has already begun to go in a particular direction.
3. Coincident Indicators: Coincident indicators are economic variables that change at the same time as the overall economy.
4. Composite Indicators: Composite indicators combine multiple different economic variables to provide a more comprehensive view of the economy.
5. Hard Data Indicators: Hard data indicators are quantifiable and measurable economic variables, such as GDP, unemployment rate, and retail sales.
6. Soft Data Indicators: Soft data indicators are subjective or qualitative economic variables, such as consumer confidence surveys and business sentiment surveys.
7. Fiscal Indicators: Fiscal indicators measure the government's financial health and its impact on the economy, such as government spending and debt levels.
8. Monetary Indicators: Monetary indicators measure the money supply, interest rates, and other factors related to the central bank's monetary policy.
types of economic indicators e.g. leading
1 answer
1 answer