Economics

How to build a powerful business index?

Avoid the most common pitfalls with this reading

Indexes are potent indicators for global and country-specific economies. They are massively used by governments and traders to formulate economic policies, refine external trade, and measure changes in money value.

Indexes are meant to reflect changes in a variable (or group of variables) regarding, for example, time or geographical location. That’s why they are commonly used to compare the levels of a phenomenon on…