“The theory of economics is a method rather than a doctrine, an apparatus of the mind, a technique of thinking, which helps its possessor to draw correct conclusions”
- John Maynard Keynes
* What Are Macroeconomic Indicators?
As the name and its derivation suggest, macroeconomics (Greek prefix makro- meaning "large" and economics) refers to a branch of economics that deals with the performance, structure, behavior, and decision-making of an economy as a whole. Hence, macroeconomic indicators can be described as statistics or readings that reveal the production or output of an economy, government, or sector. They are also referred to as fundamental data releases.
* What Is The Significance Of Analysing Macroeconomic Indicators?
Staying up to date with the stance of macroeconomic indicators helps one in decision-making and even smart investing. One may see these as voluminous statistics, but they are key indicators for evaluating the health of the economy, the latest business cycles, and understanding how consumers are spending.
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