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Dawn Allcot

I’m an Economist: The No. 1 Economic Indicator I Rely On

Darren415 / Getty Images/iStockphoto

Economists use a variety of tools and data to predict how well or poorly the economy will do in the near-term. Experts can analyze figures like the gross domestic product (GDP), unemployment rates, inflation, commodity prices and interest rates, according to a fact sheet published on the Library of Congress website.

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