
The Concept of the Consumer Confidence Index
Consumer confidence is a metric used to assess consumers’ sentiments and expectations regarding the current economic situation on a monthly basis. This index reflects the

The Concept of Interest Rates
Interest rate refers to the amount of money a lender charges a borrower for using their assets. Calculated as a percentage, the interest rate is

What Is the Index of Average Hourly Income?
The Average Hourly Earnings (AHE) index is a significant economic index published by the Bureau of Labor Statistics in the United States. It is reported

What Is the Personal Consumption Expenditures Index?
The Personal Consumption Expenditures Index (PCE) is an economic statistic in the US Forex calendar that represents household spending over a specific period. The Bureau

What Is the Trade Balance Index?
The Balance of Trade index is an economic index that shows the difference between the value of a country’s exports and imports over a specific

What Is the Crude Oil Inventories Index?
The Crude Oil Inventory is a weekly report released by the U.S. Energy Information Administration (EIA) that measures the number of barrels of crude oil

What Is the Consumer Price Index (CPI)?
What Is the Consumer Price Index (CPI)? The Consumer Price Index (CPI), is one of the most important economic indices that measures changes in the

What is the Purchasing Managers’ Index (PMI)?
The Purchasing Managers’ Index (PMI) is a leading economic index used to predict the state of expansion or contraction in the manufacturing sector of an

Gross Domestic Product (GDP): The Heartbeat of a Country’s Economy
GDP, or Gross Domestic Product, refers to the monetary value of goods and services produced and provided within a country. This index is typically published

The Concept of the Unemployment Claims Index
The Unemployment Claims Index is considered as an important economic index in the forex market. This report is released along with the unemployment rate and

What Is the Durable Goods Orders Index?
The Durable Goods Orders Index is a crucial economic index released monthly by the U.S. Census Bureau. It measures the value of new orders placed

Definition of Retail Sales
Retail refers to the purchase of goods or the use of services by consumers. These goods and services have reached the end of the supply