Economic Indicators

Definition

  • Statistics that help to determine the state of the economy. Such statistics can include the Consumer Price Index, housing starts, and unemployment rates.

Synonyms
predicating markets, market signs, financial indicator

Related Terms and Acronyms

  • Consumer Price Index (CPI) Acronym, Important,
    • An index that measures movements in the average price of products and services typically consumed by Canadian families.
  • Index Definition,
    • A table of yields or interest rates being paid on debt (such as Treasury notes or bank deposits) that is used to determine interest-rate changes.
  • Inflation Definition,
    • A rise in the average level of prices in the economy.
  • Inflation Protection Definition,
    • A protection found in some insurance policies that allows policy limits to increase with inflation.
  • Macroeconomics Definition,
    • A study of the economy as a whole, particularly the interaction of its various components.
  • Microeconomics Definition,
    • Looking at the individual parts of the economy, with emphasis given to the market process and how it works.
  • Monetary Policy Definition,
    • The Bank of Canada's ability to influence the economy through changes in short-term interest rates and the money supply.
  • Recession Definition,
    • A prolonged period (popularly defined as two successive quarters) in which economic activity shrinks.
  • Seasonal Unemployment Definition,
    • The loss of jobs due to changes in the climate and other conditions. Forestry, fishing and construction are affected by climate, while retailing is affected by seasons and holidays. For instance, at Christmas, retail employment is higher than in January.
  • Stagflation Definition,
    • A time period where the unemployment rate and the rate of inflation are both relatively high.
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