"A collection of statistical information about the economy. The most commonly used country economic indicators include the gross domestic product, output by sectors, private consumption, retail sales volume, employment, unemployment, average earnings, investment, productivity, inflation, producer input and output prices, current account, volume of trade in goods and services, exports, imports, public debt, and interest rates."
Black, John. A Dictionary of Economics. Oxford: Oxford University Press. 2009.
"Statistics or economic indices produced on an economy on a regular basis. They are important as barometers of economic activity and the state of the business cycle. In so far as they relate to government policy and assessment of asset value, they are important new information. Economic indicators are defined as either being leading, coincident, or lagging indicators. The leading indicators are seen as the most important in terms of new information, the other types of indicators providing confirmation."
Moles, Peter. The Handbook of International Financial Terms. Oxford: Oxford University Press. 2012.
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