According to a new Bank of America study, women business owners are more optimistic about business growth than men entrepreneurs—but surprisingly, women are also more concerned about the economy. In fact, women were more concerned about nearly every economic issue, while men were more concerned about the effectiveness of U.S. government leaders. So how can you keep up on the economy’s ups and downs? Here are 5 economic indicators to watch.
To help you keep track of consumer confidence and know when you can expect more business, check The Conference Board. The Census Bureau maintains an Economic Indicators Web page full of reports and you can keep track of the value of the U.S. dollar using The U.S. Dollar Index Futures. Local employment data is available online at the Bureau of Labor Statistics; the BLS’s Producer Price Index allows you to track the cost of materials used in manufacturing.
Rieva Lesonsky is CEO of GrowBiz Media, a media and custom content company focusing on small business and entrepreneurship. Email Rieva at firstname.lastname@example.org, follow her on Google+ and Twitter.com/Rieva, and visit her website, SmallBizDaily.com, to get the scoop on business trends and sign up for Rieva’s free TrendCast reports.