Essential Economic Reports for High-Powered Investors - dummies

Essential Economic Reports for High-Powered Investors

By Consumer Dummies

Part of High-Powered Investing All-in-One For Dummies Cheat Sheet

To be a serious investor, you have to do some serious research. A key part of your investment research involves economic reports. Following are just some of the economic reports you should peruse regularly.

Report Description
Beige Book (from the Federal Reserve) Compiles regional economic assessments from the Fed’s 12
district banks
Consumer price index (CPI) Measures the cost of goods and services at the retail
Existing-home sales and housing starts Indicates strength of housing market
Gross domestic product (GDP) Measures total economic activity
Index of leading economic indicators (LEI) Gauges the economy’s direction over the next six to nine
Institute for Supply Management (ISM) and regional purchasing
managers’ reports
Indicate current business conditions and future outlooks
Monthly non-farm payroll report (NFP) Assesses the overall labor market
Producer price index (PPI) Measures prices at the wholesale level