Editing Economic indicator (section)

{{Short description|Measure, which allows statements about the economic situation in general of national economies}}
{{Economics sidebar}}

An '''economic indicator''' is a [[statistic]] about an [[Economics|economic activity]]. Economic indicators allow analysis of economic performance and [[prediction]]s of future performance. One application of economic indicators is the study of [[business cycle]]s. Economic indicators include various indices, earnings reports, and economic summaries: for example, the [[unemployment]] rate, quits rate (quit rate in American English), [[housing starts]], [[consumer price index]] (a measure for [[inflation (economics)|inflation]]), [[inverted yield curve]],<ref>{{Cite web|url=https://www.investopedia.com/articles/basics/06/invertedyieldcurve.asp#:~:text=Historically%2C%20an%20inverted%20yield%20curve,income%20will%20continue%20to%20fall.|title = The impact of an inverted yield curve}}</ref> [[consumer leverage ratio]], [[industrial production]], [[bankruptcies]], [[gross domestic product]], [[broadband internet access|broadband internet penetration]], [[retail sales]], [[price index]], and changes in [[credit]] conditions.

The leading business cycle dating committee in the [[United States|United States of America]] is the private [[National Bureau of Economic Research]]. The [[Bureau of Labor Statistics]] is the principal fact-finding agency for the U.S. government in the field of labor economics and statistics. Other producers of economic indicators includes the [[United States Census Bureau]] and United States [[Bureau of Economic Analysis]].