leading indicator

Frequency: 6.88.1 per million words

An indicator that precedes an economic event.

indicatorADJECTIVE + NOUN

Categories:

leading

Examples (10)

  • The stock market is seen as a leading indicator of economic growth.
  • New housing permits are often considered a leading indicator of future construction activity.
  • Consumer confidence surveys can serve as a leading indicator for retail spending trends.
  • Economists frequently monitor the yield curve as a leading indicator of recessions.
  • The Purchasing Managers' Index (PMI) is a widely recognized leading indicator for the manufacturing sector.
  • An increase in unemployment claims is typically seen as a leading indicator of a weakening job market.
  • Central banks study several leading indicators to anticipate inflationary pressures.
  • Historical data confirms that durable goods orders are a strong leading indicator.
  • Understanding how various leading indicators interact is crucial for economic forecasting.
  • Is crude oil price movement a reliable leading indicator for the global economy?