economic data

USAGE SUMMARY

"economic data" is correct and usable in written English.
You can use it when referring to information about a country or region's economic activity, such as the Gross Domestic Product or unemployment rate. For example, "The recent release of economic data has sparked concerns among investors about the future of the economy."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Economic data was mixed.

The New York Times

"The economic data continues to be strong".

The New York Times

The economic data Friday was mostly positive.

The New York Times

The economic data is indeed glum.

The New York Times

Other researchers will be analyzing economic data.

The New York Times - Health

Gloomy United States economic data didn't help.

The New York Times

There are two sorts of economic data.

Independent

Lackluster economic data weighed on investor sentiment.

The New York Times

On Thursday, economic data was mixed.

The New York Times

Pyongyang does not publish economic data.

The New York Times

Investors largely ignored yesterday's mixed economic data.

The New York Times

Expert writing Tips

Best practice

When discussing "economic data", specify the source and time period to provide context and enhance credibility. For example, "According to the Bureau of Labor Statistics' latest release of economic data..."

Common error

Do not assume that a single piece of "economic data" tells the whole story. Consider multiple indicators and their interrelationships to form a comprehensive understanding of the economic situation.

Linguistic Context

The phrase "economic data" functions primarily as a noun phrase, serving as the subject or object in sentences. It refers to quantifiable information used to analyze and understand economic phenomena. Ludwig AI confirms its proper usage in a variety of contexts.

Expression frequency: Very common

Frequent in

News & Media

50%

Formal & Business

25%

Science

25%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "economic data" is a commonly used noun phrase referring to quantifiable information about economic activity. Ludwig AI confirms its grammatical correctness and widespread usage across various contexts, including news, business, and scientific domains. When using "economic data", specify sources and time periods to enhance credibility, and avoid oversimplifying complex economic situations. Alternatives like "economic indicators" and "financial statistics" may be appropriate depending on the specific focus.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

economic indicators

Focuses on specific measurable values that reflect the state of the economy.

financial statistics

Emphasizes the numerical aspects related to finance and economics.

macroeconomic figures

Specifically refers to data on a large-scale or national economic level.

fiscal information

Relates to government revenue, expenditure, and debt.

market data

Focuses on information related to financial markets and trading.

economic metrics

Refers to standards of measurement for assessing economic performance.

business statistics

Data relevant to business operations and performance.

economic intelligence

Highlights the insights and knowledge gained from economic information.

statistical economics

Focuses on the application of statistical methods to economic phenomena.

financial data

General term for any information about finances or money.

FAQs

How is "economic data" used in a sentence?

You can use "economic data" to discuss trends, analyze performance, or make predictions. For instance, "Analysts are closely examining the latest "economic data" to assess the impact of the new trade policy."

What are some alternatives to saying "economic data"?

Depending on the context, you can use alternatives such as "financial statistics", "economic indicators", or "market data".

What types of information are included in "economic data"?

"Economic data" can include a wide range of information such as GDP growth, unemployment rates, inflation figures, consumer spending, and investment levels.

Why is it important to analyze "economic data"?

Analyzing "economic data" is crucial for understanding the current state of the economy, forecasting future trends, and making informed decisions by policymakers, businesses, and investors. Ignoring "economic data" can lead to poor financial decisions.