leading indicator
leading indicator · leading indicators
A phenomenon that generally occurs in advance of a more important phenomenon, aiding…A phenomenon that generally occurs in advance of a more important phenomenon, aiding in its prediction.
Meaning
2 sensesA phenomenon that generally occurs in advance of a more important phenomenon, aiding in its prediction.
A phenomenon that is predictive of the overall level of economic activity, especially one for which reliable statistics are available; a leading economic indicator.
More definitions
- one of 11 indicators for different sections of the economy; used by the Department of Commerce to predict economic trends in the near future
Forms
plural: leading indicators| Singular | leading indicator |
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regular