Homework SourseA leading indicator of business cycle peaks is given by indu
A leading indicator of business cycle peaks is given by:
industrial production.
the average initial weekly claims for state unemployment insurance.
the average duration of unemployment.
the change in consumer price index for services.
| A. | industrial production. | |
| B. | the average initial weekly claims for state unemployment insurance. | |
| C. | the average duration of unemployment. | |
| D. | the change in consumer price index for services. |
Solution
B. the average initial weekly claims for state unemployment insurance is the leading indictor as rise in unemloyment claims indicates that the economic activity is going to decline and indicates challenging enviornment.
