Which of the following measures is included in the index of lagging indicators?
A) Loans to commerce and industry
B) Manufacturing and trade sales
C) Index of consumer expectations
D) Industrial production

Question

Quizplus · Accepted Answer

Loans to commerce and industry are considered a lagging indicator because they tend to change after the economy as a whole has already begun to follow a particular trend. This is because businesses typically increase their borrowing activities after economic conditions have improved and reduce borrowing when economic conditions worsen.

Which of the Following Measures Is Included in the Index