Canadian Securities Course (CSC) Practice Exam · Question
Which of the following is considered a lagging economic indicator?
A lagging indicator reflects the economy's as-yet-unfolding path. The unemployment rate changes after the economy has begun to follow a particular pattern.
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Question: Which of the following is considered a lagging economic indicator?
Answer options: ✅ Unemployment rate
- Manufacturing new orders
- Building permits
- Stock market returns
Correct answer: Unemployment rate
Explanation: A lagging indicator reflects the economy's as-yet-unfolding path. The unemployment rate changes after the economy has begun to follow a particular pattern.
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