Data on total employment can be a good indicator of whether the economy is currently in a recession. This kind of data is called a economic indicator. Similarly, data on recent interest rates can be a good indicator of whether the economy was recently in a recession. This kind of data is called a economic indicator.

Respuesta :

Statistics about "Economic activity".

Explanation:

Economic indicators as stated in the question is right and I am enriching the definition with few other pointers.

  • Analysis of Economic Performance
  • Future prediction on the Performance
  • Study of "Business cycle"
  • Includes various "surveys of economy", report on earnings, "summary of economy"
  • Help investors
  • Assess about the investment
  • Many indicators: a) Gross Domestic Product

                                     b) Employment indicator

                                     c) Consumer Price index

                                     d) PMI Manufacturing & services