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economic indicators
Series of statistical figures, such as the consumer price index or the gross domestic product, used by economists to predict future economic activity.
Example Sentences
In the absence of official economic indicators from U.S. statistical agencies, the Federal Reserve’s Beige Book—which relies on anecdotal evidence from businesses within the 12 federal reserve districts—was a much-watched report.
“This is a hard situation,” Mester said, and not just because the government shutdown has disrupted and delayed the release of official economic indicators that policymakers depend on to weigh the risks of policy moves.
We ask economists to forecast a range of economic indicators: quarterly and annual real GDP, the consumer-price index, unemployment rate, monthly change in nonfarm payrolls, the midpoint of the range for the Federal Funds Rate, closing yield on 10-year Treasury Notes, and others.
That leaves the Federal Reserve without the latest economic indicators to help its decision-making for the interest-rate path.
Like other key economic indicators, the inflation report was expected to be delayed because nearly all employees of the Bureau of Labor Statistics are furloughed during the shutdown.
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