Which of the following is not a component of the Index of Leading Economic Indicators?
A) an index of 300 common stock prices
B) employment in business and personal services
C) an index of consumer imports from industrial countries
D) average work week in manufacturing

Question

Quizplus · Accepted Answer

The Index of Leading Economic Indicators consists of 10 economic indicators that are considered to be leading indicators of future economic activity. These indicators include the average work week in manufacturing, initial claims for unemployment insurance, new orders for consumer goods and materials, vendor performance, manufacturers' new orders for non-defense capital goods, building permits for new private housing units, stock prices, the money supply, and interest rate spreads. Consumer imports from industrial countries are not considered to be a component of this index.

Which of the Following Is Not a Component of the Index