A group of indicators known as Business or Economic Indicators are composites constructed by combining several different time-series to produce a single number that provides an indication of the overall, broad activity in the economy. Two major groups of business, or economic, indicators are available: a group that measures the current state of the economy, and a group that indicates where the economy may be going in the near future.
The current-conditions group of indicators includes the Employment-Coincident Index#1, the General Drift Indicator-Coincident#2, and the Farmington Bank Business Barometer#3. In addition, there are two composite indicators that signal the near-future direction of the economy: Employment-Leading Index#4 and the General Drift Indicator-Leading#5. |