Monthly economic indicators support policy analysis of current economic developments and forecasting. This paper presents an overview of the data and statistical requirements to develop those indicators taking into account resource constraints that LIC typically face. We review statistical...

We argue for the resurrection of an old idea: electricity use as an indicator of U.S. economic activity. Our analysis relies on associations - the 40-year correlation between growth rates in real GDP and electricity use can be as high as 89% - and intuition. Electricity use and economic...