Economic Indicators give us a glimpse into what the economy is doing. Each of these indicators shows us a little bit more about different parts of the economy, but looking at them in their entirety will help us understand how things are doing generally. There are two types of indicators, leading indicators, and lagging indicators.
Leading Indicators tell us what is about to happen in the economy and Lagging Indicators confirm what has already happened in the economy.
- ISM Purchasing Managers’ Index
- United States Census Building Permits Survey
- United States Bureau of Labor Statistics Business Employment Dynamics
- The Conference Board’s Leading Economic Index (LEI) for the U.S.