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.
- Gross Domestic Product reported by the Bureau of Economic Analysis
- United Nations Human Development Reports on Gross National Income
- Consumer Price Index measured by the Bureau of Labor Statistics
- United States Balance of Trade
- U-6 Unemployment Numbers as Reported by Gallup Polls