Keeping an eye on important indicators will give you a reliable insight into the state of the economy. If you want understand the overall health of the economy, pay attention to key financial market indicators, including the unemployment rate, national debt and the consumer price index. These data points paint a picture of the country’s financial well-being.
1. The Unemployment Rate.
Job growth is the single most important monthly indicator of the health of the economy, it’s important to contextualize job growth with other consumer-oriented indicators like unemployment, wage growth and consumer spending. Indicators that show what’s happening to workers are extremely important because they explain what’s happening to Americans’ income streams.