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Economic Indicator

An economic indicator is a statistic that provides information about the performance of an economy. Economic indicators are used by investors, analysts, and policymakers to evaluate economic conditions and make decisions. Some examples of economic indicators include gross domestic product (GDP), inflation, unemployment rate, consumer confidence, and retail sales. These indicators provide information on the overall health of an economy, as well as specific sectors within it, and can be used to make predictions about future economic growth or contraction.

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