Which of the following would be considered a leading indicator?
A)Prime interest rate
B)Personal income
C)Money supply
D)Inventories to sales ratio
E)Unemployment duration

Question

Quizplus · Accepted Answer

Leading indicators are economic factors that change before the economy starts to follow a particular pattern or trend. The money supply is considered a leading indicator because changes in the money supply can influence future economic activity.

Which of the Following Would Be Considered a Leading Indicator