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economic indicator
(redirected from leading economic indicator)

    Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.07 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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The Architecture Billings Index (ABI), a leading economic indicator of nonresidential construction activity, showed more modest growth in September following a surge in the August figures.
Numbers bring good news by Real Estate Weekly
The current level for the leading economic indicator is just 9 points off its all-time high of 182.
CEOs say bay state health care plan is DOA by Chief Executive (U.S.)
Cal State Fullerton said its Southern California index of leading economic indicators rose 0.
Economic outlook by Los Angeles Business Journal
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