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economic indicator
(redirected from leading economic indicator)

    Also found in: Dictionary/thesaurus, Financial, Wikipedia 0.02 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 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.
US leading indicators up for seventh month in row by AFP / AFP American Edition
Economy: Leading Economic Indicators Rise for Sixth Straight Month</h1> A U.
Daily Wrap Up - Oct 22 by International Business Times - US ed.
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.
Architect billings back in reverse by Real Estate Weekly
 
 
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