Which of the following measures is included in the index of coincident indicators?
A) Average workweek production
B) Prime rate at banks
C) New private building permits
D) Industrial production

Question

Quizplus · Accepted Answer

The index of coincident indicators measures the current economic activity and includes variables that are directly related to the fluctuations in economic growth. Among the given options, only industrial production is a measure of the current economic activity and is included in the index of coincident indicators. A) Average workweek production is a measure of the labor market and is included in the index of leading indicators. B) Prime rate at banks is a measure of the monetary policy and is not included in the index of indicators. C) New private building permits are a measure of the housing market and are included in the index of lagging indicators.

Which of the Following Measures Is Included in the Index