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economic indicator |
Also found in: Financial, Wikipedia, Hutchinson | 0.03 sec. |
economic indicatorStatistic 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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| With an approximate nine to twelve month lag time between architecture billings and construction spending, the ABI is a leading economic indicator of construction activity, and should translate into a high level of activity throughout 2007. If vendors to the industry can be considered "a leading economic indicator," things are looking good for newsletter and specialized information publishers and marketers. The good news is that growth is on the horizon, with almost every national economic indicator pointing toward recovery. |
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economic indicator
