Three Attributes of Economic Indicators... Relation to the - TopicsExpress

Three Attributes of Economic Indicators... Relation to the Business Cycle / Economy • Procyclic: Positive correlation • Countercyclic: Inverse correlation • Acyclic: No relation Frequency of the Data In most countries GDP figures are released quarterly (every three months) while the unemployment rate is released monthly. Some economic indicators, such as the Dow Jones Index, are available immediately and change every minute. Timing Economic Indicators can be leading, lagging, or coincident which indicates the timing of their changes relative to how the economy as a whole changes...

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