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economic indicator

   Also found in: Financial, Encyclopedia, Wikipedia 0.03 sec.

economic indicator

Statistical measure for judging the health of an economy, such as gross domestic product, the rate of unemployment, or the rate of inflation.

The genuine progress indicator developed 1992 in the USA is a monetary indicator based on personal consumption, adding the value of housework and the services of capital, but subtracting costs associated with pollution, resource depletion, accidents, loss of leisure time, and underemployment.



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With an approximate nine to twelve month lag time between architecture billings and construction spending, the ABI is a leading economic indicator of construction activity, and should translate into a high level of activity throughout 2007.
If vendors to the industry can be considered "a leading economic indicator," things are looking good for newsletter and specialized information publishers and marketers.
The good news is that growth is on the horizon, with almost every national economic indicator pointing toward recovery.
 
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