Most names of the economic indicators are
self-explanatory.
Let's with some common economic indicators.
The total output amount of goods and
services of a nation. A common economic indicator.
Gross Domestic Products plus exports
(domestic residents' income through foreign investments) minus imports
(foreign residents' income through domestic investments). Another
common economic indicator.
Two Useful and Commonly Used Economic
Indicators
Long Term Interest Rates: CD and Savings, Home Equity,
Mortgage Rates
Short Term Interest Rates: Checking, Credit Card, Auto
Loan, Money Markets
A measure of the cost of a Big Mac in different countries.
Humorous economic indicators of the relative living expenditure in different
countries.
Institute of Supply Management keeps track
of data from more than 400 companies on production, exports, imports,
inventories, prices, and all that relating to manufacturing. Through
the ISM, we could have a picture whether the economy is expanding or
contracting. One of the most commonly used economic indicators.
Less commonly used economic
indicators
-
Real Personal Consumption Expenditures:
Lesser Known Economic Indicators
-
Farm Income
-
Corporate Profits
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Employment, Unemployment, and Wages
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Producer Prices
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Consumer Prices
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Money Stock and Debt Measures
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Bank Credit at All Commercial Banks
-
Earnings Growth Rates
-
Trucking (Alternative economic
indicators):
Trucking usually precedes the retail economy by a quarter. This
leading indicator says when there are less trucks on the freeway, there
will soon be a economy slowdown.
