Which of the following is NOT one of a group of variables that make up the Index of Leading Indicators?

A) New building permits issued
B) The unemployment rate
C) Index of stock prices
D) The money supply
E) The average workweek of production workers in manufacturing

Index of Leading Indicators

A composite index designed to predict the future movements of the economy based on various economic indicators.

New Building Permits

Legal authorizations required from governmental entities before the construction of new buildings can commence.

Unemployment Rate

The ratio of individuals without jobs in the labor force who are in search of employment.