The number of building permits serves as a leading indicator of economic health because companies typically apply for these permits at least six months prior to commencing construction.

Authors

• Person: Not available Organization: IG
  What Are the Key Macroeconomic Indicators? | IG International

Sources

• What Are the Key Macroeconomic Indicators? | IG International www.ig.com IG via serper

Referenced by nodes (1)

• leading indicators concept