Coincident indicators are economic metrics that move in sync with the overall economy, providing real-time insights into its current state. These indicators help analysts and policymakers understand whether the economy is expanding or contracting. Common examples include employment rates, industrial production, and retail sales. By tracking coincident indicators, businesses and governments can make informed decisions about investments, spending, and policy adjustments. Unlike leading indicators, which predict future economic activity, coincident indicators reflect the present economic conditions, making them essential for timely assessments of economic health.