Which of the following economic series are included in the Conference Board lagging indicator series?
A) vendor performance
B) index of industrial production
C) manufacturing and trade sales data in 1992 dollars
D) manufacturers' new orders, non-defense capital goods
E) average duration of unemployment in weeks

Question

Quizplus · Accepted Answer

The Conference Board lagging indicator series includes economic data that are typically observed after the business cycle peak has occurred. The average duration of unemployment in weeks is a lagging indicator as it reflects the impact of economic changes that have already occurred, such as layoffs or a reduction in job opportunities. The other options listed are all leading or coincident indicators as they provide insight into current or future economic conditions.

Which of the Following Economic Series Are Included in the Conference