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economic indicator
(redirected from Leading Indicators)

   Also found in: Financial, Wikipedia, Hutchinson 0.01 sec.

economic indicator

Statistic used to determine the state of general economic activity or to predict it in the future. A leading indicator is one that tends to turn up or down before the general economy does (e.g., building permits, common stock prices, and business inventories). Coincident indicators move in line with the economy; lagging indicators change direction after the economy does.



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Generally, companies aren't increasing benefits or changing leave policies because these aren't the leading indicators of what makes people happy in their jobs.
In this connection, note that the Conference Board, which added the yield curve spread to its index of leading indicators in 1996, announced in June 2005 that it will adjust its procedures so as to focus on the level and not on the change.
MINNEAPOLIS -- Economic growth will pick up next year, and the leading indicators point to a recovery in U.
 
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