What are some examples of coincident economic indicators?
Could you provide me with some instances of coincident economic indicators that are commonly used to assess the current state of the economy? These are the indicators that typically track the economy's performance in real-time, offering insights into its current strength and potential future trends. Some examples I'm curious about include the nonfarm payrolls, industrial production index, and retail sales figures. Are there any other key coincident indicators that investors and policymakers often rely on to make informed decisions?