Economic indicators are key stats about the economy that can help investors analyze current or future trends and predict the economic performance of a region. These indicators fall into three categories: leading indicators that predict future events, lagging indicators that confirm trends, and coincident indicators that occur in real-time. Examples include GDP, employment data, CPI, and business inventories.
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About the author
Jenna Lofton, MBA is a stock trading and investment expert with over a decade of experience in the financial industry. She began her career as a financial advisor on Wall Street and now helps everyday investors make smarter financial decisions through StockHitter.com.
Her insights simplify complex financial topics into actionable strategies for beginners and seasoned traders alike.