Economic data refers to quantitative information that reflects the economic activities and conditions of a country, region, or sector. This data is used to analyze and understand economic performance, make forecasts, and inform policy decisions. Economic data can include a wide range of indicators and statistics, such as: 1. **Gross Domestic Product (GDP)**: Measures the total economic output of a country. 2. **Unemployment Rate**: Indicates the percentage of the labor force that is unemployed and actively seeking employment.
New to topics? Read the docs here!