Which of the following is not a leading indicator for economic activity?
A)Orders for new equipment.
B)The level of inventories.
C)Natural disasters.

Question

Quizplus · Accepted Answer

Natural disasters are not a leading indicator for economic activity as they are unforeseeable events that can occur at any time and are not indicative of the direction of economic activity. Orders for new equipment and the level of inventories are both leading indicators as they can provide insight into future production and sales activity.

Which of the Following Is Not a Leading Indicator for Economic