Asked by ritika sharma on Jun 06, 2024

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The stock price index and new orders for nondefense capital goods are

A) leading economic indicators.
B) coincidental economic indicators.
C) lagging economic indicators.
D) not useful as economic indicators.

Stock Price Index

A stock price index measures the value changes of a specified set of stocks, representing a segment of the stock market, to understand market trends and investment performance.

Economic Indicators

Statistical metrics used to gauge the overall health of the economy.

  • Recognize the primary, simultaneous, and trailing indicators of economic performance and their importance.
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AO
Andrew O'ConnorJun 09, 2024
Final Answer :
A
Explanation :
The stock price index and new orders for nondefense capital goods are considered leading economic indicators because they can predict future economic activity.