Leading Economic Indicators

Gina Lloyd
Economic Indicators

There are ten main indicators to help predict the economic future. It is not always 100

percent correct but can lead generally lead you in the right direction of the economy. A change in

one direction or the other in just one element doesn’t always tell us a true forecast either. That is

why the general rule is to look at whether three or more of the ten factors are changing in the

same direction over a three month period. I will examine each of the ten indicators and how they

are rating in today’s economic world.

Number one on the list is the average work week. Right now the average work week for

general careers is 40 (forty) hours per week, usually five- eight hour days. There is some

discussion going on in the government as to allow overtime at all in the career world. I think

they are just going overboard and trying to overfix the problem of stressed out and overworked

employees. Less work...