Economic indicators are released every week to help provide insight into the overall health of the U.S. economy. With the Fed’s tightening on monetary policy and the constant threat of a recession looming, policymakers and advisors are closely monitoring economic indicators because the data can ultimately impact business decisions and financial markets.
In this article, we look at three closely watched indicators from the past week – the Conference Board Leading Economic Index, retail sales, and industrial production. By examining these data points, we gain crucial insights into different aspects of economic activity, which subsequently help provide us with a better understanding of the economy’s trajectory.
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