Question: Which is the best method for dating the business cycle?

What is a leading business cycle indicator?

Leading Business Cycle Indicators Leading indicators measure economic activity in which shifts may predict the onset of a business cycle. Components of the index of leading indicators include average weekly work hours in manufacturing, factory orders for goods, housing permits, and stock prices.

What are examples of leading indicators?

The index of consumer confidence, purchasing managers index, initial jobless claims, and average hours worked are examples of leading indicators.

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