Output and Growth

Indicators that measure the total size of the economy, how fast it is growing, and how intensively existing productive capacity is being used, including industrial production, capacity utilization and composite indexes built to lead or track the business cycle. Belongs here: aggregate output and growth measures and the indexes economists build specifically to summarize or anticipate the business cycle. Does not belong here: a sector-specific activity measure with its own dedicated group, such as a housing-starts or retail-sales series, even though it also moves with the business cycle.