Question

List at least two leading and two lagging indicators?

Answer 1

Indicators for an economy are those which tells the health of the economy that economy is moving in which direction.

It gives an overall idea

For the United States ,the two leading indicators are-

Gross Domestic Product and

standard of living

Standard of living means GDP per capita.

Two lagging indicators are-

unemployment rate which is the ratio of total number of people unemployed to the labour force and

The Inflation rate

Inflation is a General rise in the price level of goods and services in any economy over a given period of time