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Article:Economic indicator
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{{Economics sidebar}}
 
{{Economics sidebar}}
   
An '''economic indicator''' (or '''business indicator''') is a [[statistic]] about the [[Economics|economy]]. Economic indicators allow analysis of economic performance and [[prediction]]s of future performance. One application of economic indicators is the study of [[business cycle]]s.
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Economic indicators include various indices, earnings reports, and economic summaries. Examples: [[unemployment]] rate, quits rate, [[housing starts]], [[Consumer Price Index]] (a measure for [[inflation (economics)|inflation]]), [[Consumer Leverage Ratio]], [[industrial production]], [[bankruptcies]], [[Gross Domestic Product]], [[broadband internet access|broadband internet penetration]], [[retail sales]], [[stock market]] prices, [[money supply]] changes.
 
 
The leading business cycle dating committee in the [[United States|United States of America]] is the [[National Bureau of Economic Research]] (private). The [[Bureau of Labor Statistics]] is the principal fact-finding agency for the U.S. government in the field of labor economics and statistics. Other producers of economic indicators includes the [[United States Census Bureau]] and United States [[Bureau of Economic Analysis]].
 
 
==Classification by timing==
 
Economic indicators can be classified into three categories according to their usual timing in relation to the business cycle: leading indicators, lagging indicators, and coincident indicators.
 
 
===Leading indicators===
 
Leading indicators are indicators that usually change before the economy as a whole changes.<ref>{{cite book
 
 
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