Each of the following is a component of the Conference Board's Index of Leading Indicators except
A) money supply, M2.
B) average weekly initial claims for disability insurance.
C) manufacturers' new orders, nondefense capital goods.
D) stock prices, 500 common stocks.

Question

Quizplus · Accepted Answer

The Conference Board's Index of Leading Indicators includes various economic variables that are considered predictive of future economic activity, such as money supply (M2), manufacturers' new orders for nondefense capital goods, and stock prices. However, average weekly initial claims for disability insurance are not included in this index; instead, average weekly initial claims for unemployment insurance are a component.

Each of the Following Is a Component of the Conference