ECONOMIC INDICATOR


Meaning of ECONOMIC INDICATOR in English

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.

Britannica Concise Encyclopedia.      Краткая энциклопедия Британика.