Essays on Coincident

The leading, lagging and coincident economic indicators are types of the timing attribute of economic indicators. This is because they indicate the timing of their relative changes with the changes on the entire economy. Economic indicators can be defined as the statistics indicating how well the economy of a given nation is performing and future projections on the performance of this economy (Hirschey, p. 212). These statistics include GDP, unemployment rates, and inflation rates among others. Leading, lagging and coincident economic indicators are as defined below:

Leading – These economic indicators change prior to economy changes thereby signaling future changes ...

Introduction

Economic indicators are the statistics that are periodically released by private organizations and the government to allow economists to analyze how the economy is performing and be able to predict future performances. Economic indicators are used in studying the business cycles of a state. The indicators include earnings reports, economic summaries and various indices. They can be used to analyze the direction of the foreign exchange market. Economic indicators are categorized into; leading, coincident, lagging and unclassified. Leading economic indicators are economic statistics which changes even before actual change takes place in the economy. A good example is the ...

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Economic Indicators and Wal-Mart Strategy Introduction

Any business entity operates within a specific economic environment that significantly impacts its success and strategies. Thus, it is imperative for any organisation to conduct an in-depth analysis of its economic situation for successful strategy formulation. Economic indicators present a broad overview of an economy’s well-being. They are statistics about specific aspects of an economy, like unemployment rate, gross domestic product, consumer spending and inflation rate. These indicators not only reflect the health of an economy, but also serve as specific inputs to organizations to devise their investing strategy. This process of strategy ...