Popular Economic Indicators – Coincident

Coincident

1 Employees on non-agricultural payrolls

Once recession or recovery is clear, businesses adjust their fulltime payrolls.

2 Aggregate real personal income (less transfer payments)

By measuring the income flow from non-corporate profits and wages, this measure captures the current state of the economy.

3 Industrial Production Index

Measures industrial output, thus capturing the behavior of the most volatile part of the economy. The service sector tends to be more stable.

4 Manufacturing and trade sales

In the same way as aggregate personal income and the industrial production index, this aggregate offers a measure of the current state of business activity.