A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators are used to predict changes in the economy, but are not always accurate.
There are various economic indicators that are taken into consideration which impacts the rise or fall of a country's currency. Given that USD/EUR/GBP are the most traded currencies, analysts pay close attention to the various factors that govern the respective country's economic health.Economic indicators are macro economic data that is used to determine the general condition of a country's economy. The economic indicators, in forex and binary options trading are used by traders in order to discern the health of an economy and forecast changes in the economic cycles.Source: forexpromos.com
Forex indicators are used to detect patterns in the foreign exchange market. In order to correctly identify patterns, Forex indicators look for changes in economic and industry conditions. http://www.forexmarketexplained.com/Top_Five_Economic_Indicators_that_Drive_Forex_Trading.html
The Index of Leading Indicators is a composite economic indicator that attempts to predict future movements in the economy. It is made up of various components such as stock prices, building permits, and consumer expectations, and is used to anticipate turning points in the business cycle. A rising index typically indicates economic expansion, while a declining index may signal a potential downturn.
market economy
mixed economic system
litmus paper and pH scale i am not sure about the rest :)
cost plus
Triple bottom line indicators are used to measure a company's social, environmental, and economic impact. Common indicators include social metrics like employee satisfaction and community engagement, environmental metrics such as energy consumption and waste reduction, and economic measures like revenue growth and profitability. By tracking these indicators, businesses can assess their overall sustainability performance.
economic indicator
There are differences in the way economic and economical is used. Economic refers to the economy and finances while economical describes a thrifty person.
Communism