Write a short note on business cycle indicators.

Question

17 Oct 2021

Answer :

Word Count : 435

Business cycle indicators (BCI) are a composite of leading, coincident, and lagging indexes created by the Conference Board and used to forecast, date, and confirm changes in the direction of the overall economy of a country. They are published on a monthly basis and can be used to measure the peaks and troughs of the business cycle.

Business cycle indicators (BCI) are composite indexes of leading, lagging, and coincident indicators used to analyze and predict trends and turning points in the economy.

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