Economic reports

ELI5: Economic reports are like a report card for the economy. Just like you get a report card with grades on how well you did in all your subjects at school, economic reports tell us how well the economy is doing in different areas. These reports can tell us things like how many people have jobs, how much money people are making, how much people are buying and selling things, and how prices are changing. These reports can help us understand what is going on in the economy so we can make better decisions about things like investments, jobs, and buying things.