Economic indicators help to understand what is really happening in the country. They allow you to recognize the approach of positive and negative events in the business and finance sectors. They also reflect what the current state of the economy is and what changes will occur in it in the future. To track, analyze and predict future changes scientists help data published by government (and not only) institutions. These reports are precisely those same economic indicators. You can find them both in specialized sources and in the regular business weekly press.
The following major economic indicators are distinguished:
- unemployment;
- the level of economic growth;
- housing construction and its sale;
- interest rates;
- prices, their growth;
- retail trade, sale of cars from the conveyor;
- stocks and bods market.
So, the level of economic growth. It is calculated by GDP and consists of government and consumer spending, investment, and net exports. This indicator is published every month, but is constantly reviewed. You should be careful both during the slowdown of the economy, and during its growth. It must be remembered that both bad and good periods do not last forever.
The following economic indicators are prices and their increase. When demand is much larger than supply, inflation arises. This is a rise in prices for all types of services and goods. Inflation not exceeding 3-4% is considered a normal consequence of the economic recovery in the country.
And at the same time, it indicates that the national currency is losing its purchasing power, resulting in a mess in the economy. To predict inflation, it is necessary to analyze the price indices of consumer and producers. They show how the cost of materials, services and goods is changing. These indices are calculated by comparing the data obtained in the present with the data of the previous year. Thus, it becomes clear whether inflation is increasing or declining.
Another important indicator is the level of unemployment in the country. When it is low (that is, 4-7%), this significantly affects the affairs of the businessman, since he is forced to pay a good salary. With a high level of unemployment (more than 10%), enterprise policy regarding wages becomes much stricter. This indicator is rather contradictory, since it is not always possible to classify a person who does not have a job as unemployed. For example, if he does not work officially for a long time and of his own free will.
A good indicator of the strength of the national economy is the sale of finished housing and the construction of a new one. The larger their volume, the better for her and, accordingly, vice versa. However, the greater the demand for housing, the higher the price of it. And this, in turn, reflects the availability of jobs in this area and the potential of the national economy. This process can be observed in our country.
According to Vladimir Putin, the main economic indicators of Russia in 2012 went up. So, 3.7% was the country's GDP growth. Amid falling US economy and problems in China and the European Union, this is a good indicator. Over the past 20 years, the lowest inflation rate was observed last year . Investments remained almost at the level of last year. Salary growth was 8.8%.
The unemployment rate in Russia decreased by 1.3% . The President noted that among all developed economies in the world this is the best indicator.
Indexing of maternity capital will continue.
Significant uneven development differ regions of Russia. The socio-economic indicators in them depend on how much they are provided with natural resources, on the infrastructure that has developed there, on the mentality of the population, climate conditions and many other factors that are independent of anyone.