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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,
the General Drift Indicator-Coincident, and the BankNorth Business Barometer.
In addition, there are two composite indicators that signal the near-future direction of the economy: Employment-Leading Index and the
General Drift Indicator-Leading. For a detailed description of the +/-/0 indicator and the resulting score
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