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economic indicator

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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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The forward-looking US index of leading economic indicators rose nearly as expected in October, the Conference Board said Thursday, in a sign that economic recovery from recession is on track.
Summary: Once a top market moving economic indicator, US retail sales lent the dollar little volatility as currency traders held their breath for the Dow to surpass.
As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lag time between architecture billings and construction spending.
 
 
 
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