An economic indicator is a statistic that measures economic activity, such as the unemployment rate, the level of industrial production, or the level of output (Gross Domestic Product). Economic indicators could lead the forecasts of economists or the decisions of policy makers to be misguided if they inaccurately report economic activity.
- GDP: The Rock Star of Economic IndicatorsWord out of Washington, D.C., this week is that GDP is on the rise. What does that mean for the economy and your financial and job prospects? High school economics whiz Robin Li and others demystify the significance of Gross Domestic Product.
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