Which of the following economic series is NOT included in the Conference Board lagging indicator group?
A) average duration of unemployment
B) ratio of manufacturing and trade inventories to sales
C) number of employees on nonagricultural payrolls
D) percentage change in the labor cost per unit of output in manufacturing
E) All of these are correct (that is, all are included in the lagging indicator group).

Question

Quizplus · Accepted Answer

The number of employees on nonagricultural payrolls is actually included in the Conference Board's coincident indicator group, not in the lagging indicator group. The other options are correctly listed as lagging indicators.

Which of the Following Economic Series Is NOT Included in the Conference