The Producer Price Index (PPI) is one of the key economic indicators that forex traders closely monitor. It measures the average changes in the prices received by domestic producers for their output over time
Existing home sales refer to the number of completed transactions for previously owned homes, including single-family, townhouses, condominiums, and co-ops
Gross National Product (GNP) is an economic indicator that measures the total value of all goods and services produced by a country’s residents, both domestically and abroad, over a specific period
Continuing jobless claims refer to the number of individuals who have filed for unemployment benefits and continue to receive them for consecutive weeks
The Empire State Manufacturing Index (ESMI) is a key economic indicator that specifically focuses on the manufacturing sector in the state of New York. It provides valuable insights into the conditions and performance of the manufacturing industry, which is a significant contributor to the overall economy
The Building Permits Survey (BPS) is an economic indicator that provides insights into the construction industry. It measures the number of permits issued for new construction projects, such as residential buildings, commercial structures, and industrial facilities
Capacity utilization is defined as the percentage of a country’s or industry’s actual output relative to its maximum potential output
Durable goods orders refer to the monthly data released by the U.S. Census Bureau, which tracks the new orders placed with domestic manufacturers for long-lasting goods
The ADP National Employment Report is a widely followed economic indicator that provides insights into the state of the labor market in the United States
Construction spending holds significant importance in driving economic recovery. During times of economic downturn, increased construction spending can stimulate the economy by creating jobs, boosting consumer spending, and generating demand for construction materials and services
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