Question

easures of average workweeks and of supplier deliveries (vendor performance) are included in the index of leading indicators, because shorter workweeks tend to indicate ______ future economic activity and slower deliveries tend to indicate ______ future economic activity. weaker; stronger stronger; weaker weaker; weaker stronger; stronger

Answer 1

Answer:weaker; stronger

Explanation:index of leading indicators is an index published monthly by The Conference Board. It is used to predict the direction of global economic movements in future months. The index is composed of 10 economic components whose changes tend to precede changes in the overall economy. Businesses and investors can use the index to help plan their activities around the expected performance of the economy and protect themselves from economic downturns.

Leading economic indicators are statistics that precede economic events. They predict the next phase of the business cycle. That becomes critical when the economy is either coming out of a recession or heading into one.