Economic indicators are statistics that provide insights into the health and performance of an economy. For example, Gross Domestic Product (GDP) measures the total monetary value of all finished goods and services produced within a country over a specific period. Unemployment rate indicates the percentage of the labor force that is jobless and actively seeking employment. Inflation rate measures the rate at which the general level of prices for goods and services is rising, eroding purchasing power.
An economic indicator which declined during the war was unemployment.
Retail sales: Growth Growth Domestic Product: Activity Consumer Price Index: Inflation Unemployment Rate: Inactivity
Unemployment rate
unemployment
GDP is considered a lagging indicator of economic performance because it reflects past economic activity rather than predicting future trends.
An economic indicator which declined during the war was unemployment.
Retail sales: Growth Growth Domestic Product: Activity Consumer Price Index: Inflation Unemployment Rate: Inactivity
Unemployment rate
CPI (Consumer price index)
no
unemployment
A health indicator is a measurement of how many people in a population have a given disease.
it is an indicator used to determine the distance on a paper and the actual distance on the ground.
GDP is considered a lagging indicator of economic performance because it reflects past economic activity rather than predicting future trends.
deflation
no relation to the health of the economy
Yes, it is an economic issue and it is a macro economic indicator.