Which of the following is not a leading economic indicator?
A)Prices of common stock
B)Number of new businesses formed
C)Unemployment rate
D)New orders for plants and equipment

Question

Which of the following is not a leading economic indicator?
A)​Prices of common stock
B)​Number of new businesses formed
C)​Unemployment rate
D)​New orders for plants and equipment

Quizplus · Accepted Answer

The unemployment rate is a lagging economic indicator, as it reflects changes in the economy that have already occurred rather than predicting future trends. The other three choices are all leading economic indicators, as they can provide insight into the direction of the economy before changes are reflected in broader economic data.

Which of the Following Is Not a Leading Economic Indicator