Lagging economic indicators report the status of the economy for periods of a _____ in the past.
A) few years
B) few days
C) few weeks
D) few months

Question

Quizplus · Accepted Answer

Lagging economic indicators report data that is a few months old, such as employment figures, GDP, and inflation rates. They reflect what has already happened in the economy and are used to confirm trends and identify turning points. They are considered less useful for predicting future economic conditions.

Lagging Economic Indicators Report the Status of the Economy for Periods