Item
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Indicator
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Definition and Purpose
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Leading economic Indiacotrs
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The leading economic indicators are a set of 10 statistics that are used to forecast upturns or downturns in the economy, including average weekly unemployment insurance claims filed and manufacturers' new orders for consumer goods.
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1
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Average weekly hours, manufacturing
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The average hours worked per week by production workers in manufacturing industries
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2
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Average weekly initial claims for unemployment insurance
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The number of new claims filed for unemployment insurance
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3
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Manufacturers' new orders, consumer goods and materials:
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Order for goods that are primarily used by consumers
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4
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Vendor performance, slower deliveries diffusion index:
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The index measures the relative speed at which industrial companies receive deliveries from their suppliers
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5
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Manufacturer's new orders, nondefence capital goods:
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New orders received by manufacturers in nondefense capital-goods industries.
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6
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Building permits, new private housing units:
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The number of residential building permits issued as an indicator of construction activity
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7
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Stock prices, 500 common stocks:
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New York-based Standard & Poor's S&P 500 stock index reflects the price movements of a broad selection of common stocks traded on the New York Stock Exchange Inc.
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8
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Money supply:
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When the money supply doesn't keep pace with inflation, bank lending may fall in real terms, making it harder for the economy to expand.
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9
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Interest rate spread (10 - year Treasury bonds, less federal funds):
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An indicator of federal monetary policy and general financial conditions
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10
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Index of consumer expectations:
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This index reflects changes in consumer attitudes concerning future economic conditions and is completely expectation-based.
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