He pointed out that the Quantity Theory of Money showed us there is another critical measure to consider - velocity of money. IN practice, we can only observe this after the fact, but as a gauge of the propensity for companies and business to demand the use of money, there are many things we can watch - mortgages, auto loans, credit card usage etc.

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Top 5 Easy-to-Track Economic Indicators for Today's Economy 1. ISM Services PMI (Purchasing Managers' Index) • Released monthly by the Institute for Supply Management • Accessible via financial news sites, the ISM website, or FRED (Federal Reserve Economic Data) • Readings above 50 indicate expansion in the services sector, which now dominates the

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Back in 2020, the misery index briefly spiked due to lockdown-induced unemployment, and consumer sentiment fell, but that reversed quickly as lockdowns ended and as fiscal stimulus went out to people and businesses. In 2022, as inflation washed over the economy, the misery index rose to very high levels, and consumer sentiment fell to deeply

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