Economic indicators are a set of economic statistics and reports that are used to measure the performance of various sectors of the economy to assess the economic performance and find out how strong or weak economy, as well as the ability to predict the economic situation in the future.
Economic indicators are issued on a regular basis (annual, quarterly, monthly or weekly), and there are many economic indicators for each country and, in general economic indicators can be classified into seven main types:
1 - Balance Of Payment Indicators :
This type of indicators used to follow the buying and selling of goods and services in addition to investment operations carried out by the state with other states. The importance of this type of indicators being illustrates the change in supply and demand for the products of the state.
2 - production indicators (GDP & Output Indicators) :
Are indicators that measure the overall level of production within the state, and is the follow-up of these indicators gives an overall picture of the level of economic growth in the state.
3 - Confidence and Sentiment Indicators :
Are indicators that reflect the confidence and the degree of optimism or pessimism constituent groups economy Kalmntgan and consumers and investors.
4 - Price Wages & Sales Indicators:
Are indicators that measure closely the change in the price and volume of consumer spending, they do reflect the levels of inflation in the economy.
5 - Monetary Policy, Money and Interest Rates Indicators:
Are reports that reflect the central bank moves to deal with the economic conditions, this type of reporting is one of the most powerful engines market.
6 - Housing Indicators :
The housing sector is one of the most important sectors of the economy, where the leading sectors of the economy, the improvement leads to a general improvement in economic conditions, hence the importance of indicators.
7 - Employment Indicators :
Since the employment and unemployment rates are what preoccupy most decision-makers in any country, the indicators which reflect the state of the job market is one of the most important economic factors that must be taken into account.
The economic indicators vary from one country to another, you can view them in the coming Entries.
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