Track tourism numbers as a proxy for service sector health

Use core inflation to strip out volatile price movements

Analyze lending rates for consumer and business access to capital

Monitor currency strength for export and import shifts

Assess energy prices for inflation and industry cost impacts

Study capacity utilization for production slack

Check leading indicators for upcoming cyclical turns

Look at government budget deficits for fiscal direction

Evaluate business inventories as a sign of supply chain health

Watch the trade balance for global competitiveness clues

Review jobless claims for weekly employment fluctuations

Observe durable goods orders for business investment trends

Use housing starts as a barometer for construction activity

Interpret PMI reports to gauge manufacturing health

Compare retail sales across regions for economic pulse checks

Study wage growth trends for insights on household demand

Assess the unemployment rate for labor market strength

Monitor inflation data as a guide for central bank policy

Analyze consumer confidence for signals of future spending

Track GDP growth rates to spot early shifts in momentum