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Gross Domestic Product
Gross Domestic Product (GDP) is a total value of goods and services produced by labor and property
in this country.
Consumer Price Index
The Consumer Price Index (CPI) is a measure of the average change over time in the prices paid by
urban consumers for a market basket of consumer goods and services. CPI is the leading measurement
of inflation. The US Department of Labor publishes the CPI every month.
Producer Price Index (PPI)
An economic indicator which gauges the average changes on prices received by domestic producers for
their output at all stages of processing.
Retail Price Index
Measurement of the monthly change in the average level of prices at retail, normally of a defined group of goods.
Unemployment Rate
The unemployment rate is the percentage of the population who are willing to work for the current market
wage for someone of his or her skill level but cannot find employment.
Housing Starts
A key economic indicator, Housing Starts measure the number of new residential construction projects
begun during a specific span or period of time.
Wholesale Price Index
It measures changes in prices in the manufacturing and distribution sector of the economy and tends
to lead the consumer price index by 60 to 90 days. The index is often quoted separately for food
and industrial products.
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