Construction spending refers to the total amount of money spent on construction projects within a given time period. It is an important economic indicator that provides insights into the health and activity of the construction sector within an economy. Construction spending encompasses both public and private sector expenditures on construction projects. This includes various […]
The Conference Board Leading Economic Index (LEI) is a composite index that is designed to provide insights into the future direction of the economy. It is a widely followed economic indicator that helps forecast changes in economic activity and identify turning points in the business cycle. The LEI is calculated using a combination of […]
The Conference Board Consumer Confidence Index (CCI) is a widely recognized economic indicator that measures the level of consumer confidence in the United States. It is published monthly by The Conference Board, a non-profit research organization. The CCI is derived from a survey of approximately 5,000 households in the United States. These households are […]
The Commodity Research Bureau (CRB) Index is a widely recognized benchmark that tracks the price movements of a basket of commodities. It serves as a measure of the overall performance of commodity markets. The CRB Index was created by the Commodity Research Bureau in 1947 as a way to monitor and analyze the price […]
Claimant Count is not directly related to forex trading. It is an economic indicator that measures the number of people in the United Kingdom who are claiming unemployment benefits, specifically the Jobseeker’s Allowance. While it is an important economic indicator for assessing the health of the labor market and overall economy, it is not directly […]
The Chicago Purchasing Managers’ Index (PMI), also known as the Chicago Business Barometer, is a monthly economic indicator that measures the economic activity of the manufacturing sector in the city of Chicago, United States. It is released by the Institute for Supply Management (ISM) Chicago. The Chicago PMI is based on a survey of […]
A Central Bank Meeting refers to a scheduled gathering of the monetary policy committee or board of a central bank. During these meetings, policymakers discuss and make decisions on key monetary policy issues, including interest rates, inflation targets, and other policy measures. Here are some key points about Central Bank Meetings: Purpose: The […]
The Central Bank Exchange Rate refers to the rate at which a central bank buys and sells foreign currencies. It is also known as the official exchange rate or the nominal exchange rate. This rate is set by the central bank of a country and serves as a benchmark for commercial banks and other financial […]
Capacity utilization is a measure of how much of a company’s or an economy’s total production capacity is being used at a given time. It is expressed as a percentage and indicates the extent to which available resources are being utilized. Capacity utilization is an important metric for businesses as it helps them assess […]
The Caixin Services PMI is an economic indicator that measures the performance of China’s services sector. It is published by Caixin Insight Group and compiled by IHS Markit. Similar to the Caixin Manufacturing PMI, it is released at the end of each month and provides insights into the level of activity in the services sector […]