Industry-based Economic Leading Indicators

Prevedere’s Economist and Data Science teams have handpicked a set of 13 indicators that are critical leading signals for the following US industries: Automotive, Chemical, CPG, Food & Beverage, Industrial Production, Non-Residential Construction, Residential Construction, Restaurant, Retail, Steel, Telecom, and Business Services as well as GDP

Specific indicators are valuable for an industry to watch based on three criteria:

- Historical leading reliability: Some key indicators have value because of their consistent ability to signal economic downturns and recoveries throughout past business cycles

- Relevance to the ongoing pandemic and impending recession

- Frequency and timeliness of data: Many traditional government data sources publish data on a monthly basis or even less frequently. And while some of these monthly datasets are still valuable to watch for economic reasons, we try to pair them with other, more frequently released datasets that will help signal current conditions faster.

Samples/Tables included
- Daily, Weekly, or Monthly indicators historical data from 2007 to present

Fields Included:
- Indicator
- Industry
- Data Source
- Value
- Date