Definition
- Macroeconomic indicator
- A macroeconomic indicator is a regularly published statistic that measures one part of the whole economy's performance, such as its output, prices, jobs or trade.
- Not to be confused with: Macroeconomic objective
- A macroeconomic objective is a goal set for the performance of the whole economy, such as steady growth, low unemployment or low and stable inflation.
Test yourself
What is the difference between macroeconomic indicator and macroeconomic objective?
An indicator is the measurement; an objective is the target that the measurement is judged against.