Why are telecommunication devices useful as economic indicators?

Answer 1

Telecommunication devices allow consumers to evaluate products, compare prices, and order products. The devices allow a company to reach more customers, track sales, and see if there are times when sales are higher than usual or lower than usual.

Answer 2

The production of telecommunication devices means that a nation has a high technology economy. This bodes well for international sales of such products. There are other modes of production that reinforce telecommunications. Food production, is for example another indicator.