Basic terms
There are 3 entries in this glossary.Glossaries
| Term | Definition |
|---|---|
| Economic indicator | A statistic that indicates current growth and stability issued by a government. |
| Empire State Manufaturing Index | Empire State Manufaturing Index: The index is based on survey responses to a questionnaire sent out on the first day of each month to an unchanged pool of about 200 top manufacturing executives, generally the president or CEO. The questionnaire seeks their opinion on the change in a number of business indicators from the previous month, and also the likely direction of these indicators six months into the future. Also known as the Empire State Manufacturing Index. |
| Existing Home Sales | An economic indicator of both the number and prices of existing single-family homes, condos and co-op sales over a one-month period. The existing home sales report is released monthly by the U.S. National Association of Realtors. It is a lagging indicator as it tends to react after a change in mortgage rates. |
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