what are economic data?
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Economic data or economic statistics are data (quantitative measures) describing an actual economy, past or present. ... Such data include Gross National Product and its components, Gross National Expenditure, Gross National Income in the National Income and Product Accounts, and also the capital stock and national wealth.
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Heya Mate!
Economic data or economic statistics are data (quantitative measures) describing an actual economy, past or present. These are typically found in time-series form, that is, covering more than one time period (say the monthly unemployment rate for the last five years) or in cross-sectional data in one time period (say for consumption and income levels for sample households).
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