A country's economic conditions are influenced by numerous macroeconomic and microeconomic factors, including monetary and fiscal policy, the state of the global economy, unemployment levels, productivity, exchange rates, inflation and many others.
Economic data is released on a regular basis, generally weekly or monthly and sometimes quarterly. Some economic indicators like the unemployment rate and GDP growth rate are monitored closely by market participants, as they help to make an assessment of economic conditions and potential changes in them. A plethora of economic indicators can be used to define the state of the economy or economic conditions, including the unemployment rate, levels of current account and budget surpluses or deficits, GDP growth.Generally speaking, economic indicators can be categorized as leading, coincident or lagging. That is, they describe likely future economic conditions, current economic conditions or conditions of the recent past. Economists are typically most interested in leading indicators as a way to understand what economic conditions will.
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Answer:
Understanding Economic Conditions
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