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Some ways one can use economical indicators are one can tune their investment strategies or improve ones buying and selling decisions or for business leaders make better staff hiring decisions.

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10y ago
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10y ago

Mainly they look for growth and inflation. They look at the annual percentage of increase in the total output of an economy.

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Q: What do economists do with economic indicators?
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Related questions

Which helps economists judge the overall condition of a particular country's economy?

A measurement of economic indicators: )


Which of the following helps economists judge the overall condition of particular country economy?

A measurement of economic indicators


Which of th following helps economists judge the overall condition of a particular country and economy?

APEX: a measurment of economic indicators


What are key economic variables that economists use to predict a new phase of a business cycle referred to as?

They are called leading indicators. Things such as a drop in sales or foot traffic are all considered leading indicators.


What helps economics judge the overall condition of a particular countrys economy?

A measurement of economic indicators.


What do economic indicators do?

One thing that economic indicators measure is the unemployment rate.


What has the author John Grant written?

John Grant has written: 'A handbook of economic indicators' -- subject(s): Economic conditions, Economic indicators


What happened in 1931 just as economic indicators were beginning to rise?

In 1931, just as economic indicators were beginning to rise:


What is the purpose of economic indicators?

To judge the overall condition of a particular country's economy.


What do you understand by social indicators of development?

Social indicators of development are measures that assess the well-being and quality of life of a society, such as education levels, healthcare access, poverty rates, and social equality. They help to gauge the progress and impact of development efforts on a population's social welfare and overall prosperity. These indicators provide a more holistic perspective on development beyond just economic growth.


What do you understand by term development?

Development depends on both social and economic factors.Accordingly development indicators are distinguished into social indicators and economic indicators.In recent times increasing importance are given to the social indicators of development.So discussion on social indicators of development are of recent origin.Now there is a universally accepted meaning of social indicators of development is accepted and that is clearly different from the economic indicators. everything that does not fall into the category of economy is taken as social. thus social indicators are residual category,i.e, not fall into the economic category. Social indicators of development includes health, education, housing, and employment etc. Of course, these indicators have some economic dimension. The factors responsible for overall improvement of Quality of Life are taken as social indicators. Social indicators are taken as a more wider and integrated area of social concern than that of economic indicators.Read more: What_do_you_understand_by_social_indicators_of_development


What are the various types of economic indicators?

While various indicators may be selected, they are usually classified as indicators that lead, lag, and/or are coincident with economic conditions.