In economics, there is a wide variety of statistics, equations and data. Among these however, there are key economic indicators which have a particularly high significance in determining the country’s overall growth and the livelihood of consumers and businesses. Most government and business decisions are based on key economic indicators; these statistics can determine overall economic changes in a country.

Other People Are Reading

Construction Spending/Sales

Construction and real estate make up one of the most significant spending areas in an economy. These are representative of overall spending and investment in the country. A high number here indicates that consumers are making long term investments — signifying continuous growth — and businesses are creating supply for the overall market.

Consumer Confidence

Consumer Price Index/Inflation

References

Resources

More Like This

Fundamental Concepts of Managerial Economics

A List of Economic Indicators

Indicators of Economic Activity

You May Also Like

Common Key Performance Indicators. Key performance indicators (KPI) are factors used to make judgments about the current performance of an organization. Organizations.

Inflation is the rate at which prices are increasing in an economy, which is often measured using the consumer price index. The.

Key Performance Indicators for Schools. In the modern climate of high-stakes testing and educational accountability, the success of a school is measured.

Importing orchids from other countries can be complicated. Learn more in this free educational video series.

A List of Economic Indicators. Just as doctors check a number of vital signs in a patient to determine his health, economists.

Indicators of Economic Performance. The health of an economy is typically tied to indices showing economic activity and growth. Indicators tied to.

Several indicators can be observed in states that are undergoing development. In terms of economics, employment and economic growth are the most.

Examples of Economic Indicators. The government uses a number of indicators to provide information on the performance of the economy. The United.

What Factors Decrease Property Value. Buying properties is a common method of investing money. While it can be lucrative, the depreciation of.