Economic statistics refers to a range of numerical data that helps to track the performance and health of the economy. Other synonyms for economic statistics include economic indicators, financial metrics, and economic data. These terms are all used to describe the quantitative measures that are used to examine the different aspects of the economy, such as employment, inflation, and gross domestic product (GDP). Economic statistics are important for policymakers, investors, and business leaders, as they help to identify trends and make informed decisions about economic policies and investments. Accurate and timely economic statistics are critical for understanding the past, present, and future of the economy.