Which of the following economic series are included in the NBER lagging indicator series?
A) Vendor Performance.
B) Index of industrial production.
C) Manufacturing and trade sales data in 1992 dollars.
D) Manufacturers' new orders, non-defense capital goods.
E) Average duration of unemployment in weeks.

Question

Quizplus · Accepted Answer

The NBER lagging indicator series includes economic series that follow the trends set by the business cycle. Average duration of unemployment in weeks is a lagging indicator as it reflects the impact of the recession on the job market after the recession has already taken place. The other options listed are not part of the NBER lagging indicator series.

Which of the Following Economic Series Are Included in the NBER