Description: Economic indicators are statistics that provide information about the economic performance of a country or region. These data are fundamental to understanding the economic health of a nation, as they reflect key aspects such as growth, inflation, employment, and trade balance. Indicators are divided into several categories, including leading, coincident, and lagging indicators, each of which offers a different perspective on the economy. For example, leading indicators, such as durable goods orders, can predict future trends, while coincident indicators, such as GDP, reflect the current situation. The interpretation of these indicators is crucial for policymakers, investors, and analysts, as it allows them to make informed decisions based on quantitative data. In an increasingly interconnected world, economic indicators also enable comparisons between different economies, helping to identify opportunities and risks in the global arena.
