Which of the following is not a leading indicator?
A)initial claims for unemployment insurance
B)building permits for new home construction
C)changes in manufacturers' unfilled orders for durable goods
D)the level of unemployment

Question

Quizplus · Accepted Answer

Leading indicators are economic factors that change before the economy starts to follow a particular pattern or trend. They are used to predict changes in the economy. Initial claims for unemployment insurance, building permits for new home construction, and changes in manufacturers' unfilled orders for durable goods are all examples of leading indicators because they can predict future economic activity. The level of unemployment, however, is considered a lagging indicator because it reflects the economy’s past performance rather than predicting future activity.

Which of the Following Is Not a Leading Indicator