Leading, Coincident, and Lagging Economic Indicators - Status of the U.S. Economy
The Sahm Rule has been triggered, indicating the potential start of a recession - What are other leading indicators saying?
It’s time to study macro indicators to analyze the possibilities of a recession, here are the most reliable ones economists use to assess the U.S. economy.
Economic indicators are used to gauge the overall health and direction of an economy. They can be categorized into three main types: leading, coincident, and lagging.
Leading Economic Indicators
Leading indicators are economic variables that tend to change before the overall economy. They are often used to predict future economic trends.
Coincident Economic Indicators
Coincident indicators move in tandem with the overall economy. They provide a snapshot of the current economic situation.
Lagging Economic Indicators
Lagging indicators change after the economy has already experienced a significant shift. They are often used to confirm economic trends that have already begun.
This edition of Level Up Your Trading is a must read, with 15 charts, it gives you a thermometer of the U.S. economy, and a specific list, definitions and charts of the key indicators. This is a printable or bookmark-able edition.