Explore tens of thousands of sets crafted by our community.
Economic Indicators
40
Flashcards
0/40
Current Account Balance
The current account balance measures a country's total transactions, including trade, net income, and direct payments, over a period of time.
Consumer Price Index (CPI)
CPI measures changes in the price level of a weighted average market basket of consumer goods and services purchased by households.
Unemployment Rate
The unemployment rate indicates the percentage of the labor force that is jobless and actively seeking employment.
Gross National Product (GNP)
GNP measures the total market value of all goods and services produced by the residents of a country, including profits earned abroad.
Purchasing Power Parity (PPP)
PPP is an economic theory that compares different countries' currencies through a 'basket of goods' approach to assess relative currency value.
Consumer Confidence Index
The Consumer Confidence Index reflects the optimism or pessimism of consumers regarding their future financial situation.
Balance of Trade
The balance of trade is the difference in value between a country's imports and exports, indicating the trade surplus or deficit.
Producer Price Index (PPI)
PPI measures the average change over time in the selling prices received by domestic producers for their output.
Gross Domestic Product (GDP)
GDP measures the total value of goods and services produced in a country over a specific time period and reflects the size of its economy.
Inflation Rate
The inflation rate measures the rate at which the general price level of goods and services is rising, and subsequently, purchasing power is falling.
Gini Coefficient
The Gini Coefficient measures income inequality within a population, ranging between 0 (perfect equality) and 1 (perfect inequality).
Money Supply (M2)
The Money Supply M2 measure includes all elements of M1 (cash and checking deposits) as well as 'near money', like savings deposits, money market securities, and mutual funds.
Durable Goods Orders
Durable Goods Orders measure the cost of orders received by manufacturers for goods that are meant to last at least three years.
Leading Economic Indicators
Leading Economic Indicators are statistics that precede economic events; they predict future movements in the economy.
Human Development Index (HDI)
HDI is a composite index measuring average achievement in three basic dimensions of human development: life expectancy, education, and per capita income.
Housing Starts
Housing Starts measure the number of new residential construction projects that have begun during any particular month.
Interest Rates
Interest Rates are the proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan.
Personal Savings Rate
The Personal Savings Rate indicates the percentage of people's income remaining after spending and taxes, signifying the overall savings of individuals.
Net National Product (NNP)
NNP equals the Gross National Product (GNP) minus depreciation charges for wear and tear on capital equipment.
Retail Sales Index
The Retail Sales Index measures the total receipts of retail stores, indicating the performance of the retail sector.
Exchange Rates
Exchange Rates are the value of one currency for the purpose of conversion to another.
Labor Force Participation Rate
The Labor Force Participation Rate is the ratio of the labor force to the total population aged 16 and over.
Coincident Economic Indicators
Coincident Economic Indicators occur at the same time as the conditions they signify, providing information about the current state of the economy.
Public Debt
Public Debt, also known as government debt or national debt, is the total amount of money owed by the government to creditors.
Fiscal Deficit
A Fiscal Deficit occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings.
Business Cycle
The Business Cycle refers to fluctuations in economic activity over time consisting of expansion, peak, contraction, and trough.
Economic Growth Rate
The Economic Growth Rate is the percentage change in the market value of the goods and services produced by an economy over time.
Net International Investment Position (NIIP)
The NIIP is a financial statement setting out the value and composition of a country's external financial assets and liabilities.
Industrial Production Index
The Industrial Production Index measures the real production output of manufacturing, mining, and utilities.
Economic Sentiment Indicator (ESI)
ESI assesses the confidence of various sectors such as consumers, services, retail trade, construction, and manufacturing in the economy.
Case-Shiller Home Price Index
The Case-Shiller Home Price Index tracks changes in the value of residential real estate both nationally and in 20 metropolitan regions.
Business Confidence Index
The Business Confidence Index measures the level of optimism or pessimism that business managers feel about the prospects of their companies.
Foreign Exchange Reserves
Foreign Exchange Reserves are assets held on reserve by a central bank in foreign currencies, which can include bonds, treasury bills, and other government securities.
Consumer Leverage Ratio
The Consumer Leverage Ratio is an indicator that measures the amount of debt the average American consumer has, relative to their disposable income.
National Income
National Income is the total amount of money earned by a nation's people and businesses, including wages, rent, interest, and profits.
Capacity Utilization Rate
The Capacity Utilization Rate measures the proportion of potential economic output that is actually realized.
Labor Productivity
Labor Productivity measures the amount of goods and services produced by one hour of labor.
Lagging Economic Indicators
Lagging Economic Indicators are statistics that follow an economic event, helping to confirm that a pattern has occurred or is ongoing.
Nonfarm Payrolls
Nonfarm Payrolls are a measure of the number of workers in the U.S. excluding farm workers and workers in a handful of other job classifications.
Gross National Happiness (GNH)
Gross National Happiness is a measure of the collective happiness in a nation and emphasizes the well-being of citizens over economic indicators.
© Hypatia.Tech. 2024 All rights reserved.