INCREMENTAL CAPITAL OUTPUT RATIO - ICOR
Measures the marginal amount of investment capital needed for a company to create the next unit of production. Generally speaking, a higher ICOR value is not ideal because it denotes inefficiency of the entity’s production. This is predominantly used to determine a country’s level of production efficiency. Computed as:
ICOR = Annual investment / Annual GDP Increase
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 06:30 | Tertiary Industry Index | Apr | |
| 08:00 | Wholesale Price Index | May | |
| 08:30 | Producer & Import Prices | May | |
| 09:00 | SECO Consumer Confidence | May | |
| 10:00 | Trade Balance | Apr | |
| 11:00 | Current Account (sa) | Apr | |
| 11:00 | Industrial Production | Apr | |
| 14:15 | Housing Starts | May | |
| 14:30 | NY Fed Empire State manufacturing index | Jun |


