Economic indicators are a piece of economic data, usually of macroeconomic scale, that is used by analysts to interpret current or future investment possibilities. These indicators also help to judge the overall health of an economy.
- An economic indicator is a macroeconomic measurement used by analysts to understand current and future economic activity and opportunity.
- The most widely-used economic indicators come from data released by the government and non-profit organizations or universities.
- Indicators can be leading—which tend to precede trends, lagging—which confirm trends, or coincident—that which is happening now.
Some of the most common and followed U.S. Economic Indicators
*Real Gross Domestic Product (GDP)
*Consumer Price Index (CPI)
*Consumer Confidence Index
*Employee Cost Index
*Employment Situation Report
*Philadelphia Fed Index
*Producer Price Index
*Purchasing Managers Index
*Retail Sales Data