What Are Leading Economic Indicators?

The rise of comprehensive leading economic indicators indicates that the country's economic growth is conducive to the country's currency performance. If this indicator falls, it shows signs of a recession or slowdown in the country's economy, which will have an adverse impact on the country's currency.

Leading economic indicators

Right!

The rise of comprehensive leading economic indicators indicates that the country's economic growth is conducive to the country's currency performance. If this indicator falls, it shows signs of a recession or slowdown in the country's economy, which will have an adverse impact on the country's currency.

Comprehensive leading economic indicators are indicators used to predict economic activity. Data collected by the U.S. Department of Commerce's economic analysis include stock prices, new orders for consumer goods, average weekly unemployment claims, construction regulations, consumer expectations, manufacturers Changes in back orders, money supply, sales performance, price changes of sensitive raw materials, plant and equipment orders, and average working weeks. Economists can often be used to test the overall economic transition and predict future economic trends.