Question

Name two coincident indicators used in forecasting​

Answer 1

Answer:

1. Employment rate

2. Real Earnings

Explanation:

Coincident indicators are indicators or pointers that help define the actual situation or predict the possible outcome of a given state or country's economic performance over a given period.

Various coincident indicators can be used by economists to determine the economic state of a place, some of which include: employment, real earnings, average working hours, average wages and salaries, and the unemployment rate and among many others.

Hence, in this case, two coincident indicators used in forecasting​ are: Employment and Real Earnings