What are economic indicators?

Economic indicators are statistics that provide information about the economic performance of a country. They are crucial for understanding the overall health of an economy and can include various data points like GDP (Gross Domestic Product), unemployment rates, inflation rates, and many others. These indicators help economists, policymakers, and businesses evaluate economic trends, inform decisions, and predict future economic activity. By analyzing these statistics, one can gain insights into whether an economy is growing, shrinking, or remaining stable, which is essential for strategic planning at both government and business levels.

The other options describe different concepts: physical assets owned by a company refer to tangible property, rules governing business practices are legal and regulatory frameworks, and methods used to assess employee productivity pertain to human resources management. These concepts, while relevant in their own right, do not accurately define economic indicators.