Connor Industries Inc.constantly scans the environment to keep ahead of competition and to survive as a business.The owners seek statistics that provide valuable information about the future of the economy for periods ranging from three to twelve months.Knowing the level of the_______ is of great benefit to Connor.
A)recession index
B)leading economic indicators
C)consumer price index
D)inflation rate

Question

Quizplus · Accepted Answer

Leading economic indicators are statistics that predict the future health of the economy, making them valuable for businesses like Connor Industries Inc. to anticipate economic trends and prepare accordingly.