Business Cycle Indicators


Also found in: Acronyms.

Business Cycle Indicators

An index of a variety of indicators thought to predict the tops and bottoms of a business cycle. The BCI includes leading, lagging, and coincident indicators in order to provide the most accurate view possible. Nonetheless, many argue that because business cycles are always unpredictable to some degree, the BCI must be taken with a grain of salt. It is published by The Conference Board. See also: CCI, CEO Confidence Index, Help Wanted Advertising Index.
References in periodicals archive ?
Statistical indicators of cyclical revivals, Business Cycle Indicators 1: 162-183.
In a first step, we test whether the negative and significant contemporaneous sample correlations between margins and a business cycle indicator are robust to the inclusion of controls related to monetary policy, default risk and banking regulation.
On the other hand, after Canova (1998) argued that the business cycle properties depend on the detrending filter, different filters are commonly applied to obtain alternative business cycle indicators to check the robustness of the results: if they are qualitatively similar, it is said that those results are robust to the filter.
None of the European business cycle indicators affect the intensity of trading activities.
Business cycle indicators are often subject to significant revisions
BEA statistics on the CD-ROM include the national income and product accounts, input-output tables, regional economic projections, and business cycle indicators.
The Business Cycle Indicators section consists of tables for about 270 series and charts for about 130 series that are widely used in analyzing current cyclical developments.
Business Cycle Indicators, published in 1961, (3) presented diffusion indexes for 21 economic indicators, including total nonagricultural employment.
Moore, Business Cycle Indicators (Princeton University Press for the National Bureau of Economic Research, Princeton, NJ, 1961), p.
Under the reprogramming, BEA will discontinue the monthly Business Conditions Digest and put a scaled-down presentation of its business cycle indicators in the SURVEY OF CURRENT BUSINESS.