Economic Indicators (L) Flashcards
1
Q
What does a leading indicator show
A
economic activity that happens prior to a change in the economic cycle
2
Q
what does a coincident indicator show
A
information used to measure economic change presently.
3
Q
what does a lagging indicator show
A
change after the business cycle expands/contracts
4
Q
example of a leading indicator
A
building approvals, consumer confidence.
5
Q
example of a coincident indicator
A
retail sales, unemployment rate, output
6
Q
example of a lagging indicator
A
interest rates, debt levels, profit levels