Which of the following will be considered a lagging indicator of the business cycle?
A)Money supply
B)New building permits
C)Unemployment duration
D)Unemployment claims
E)New plant and equipment orders

Question

Quizplus · Accepted Answer

Unemployment duration is considered a lagging indicator because it reflects the impact of changes in economic conditions on unemployment that have already occurred. The longer duration of unemployment signals that the economy has been experiencing a downturn for a while.

Which of the Following Will Be Considered a Lagging Indicator