Economic data
Data archives are also a key input for assessing the replicability of empirical findings[3] and for use in decision making as to economic policy.Other economic indicators include a variety of alternative measures of output, orders, trade, the labor force, confidence, prices, and financial series (e.g., money and interest rates).Increasingly, the availability of good economic data is coming to be seen by international markets as an indicator of a country that is a promising destination for foreign investment.Being unsure of exactly how bad the economic situation was, they tried to withdraw their assets quickly and in the process caused further damage to the economies in question.[10][11] Inside a country, the public availability of good quality economic data allows firms and individuals to make their business decisions with confidence that they understand the overall macroeconomic environment.As with international investors, local business people are less likely to overreact to a piece of bad news if they understand the economic context.