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leading indicator

   Also found in: Financial 0.01 sec.
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Noun1.leading indicator - one of 11 indicators for different sections of the economy; used by the Department of Commerce to predict economic trends in the near future
index number, indicator, index, indicant - a number or ratio (a value on a scale of measurement) derived from a series of observed facts; can reveal relative changes as a function of time


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Permits to build new homes, a leading indicator of the sector, fell 4.
Permits to build new homes, a leading indicator of the sector, fell 4.
Japan's core machinery orders, a leading indicator of corporate capital spending, jumped by a better-than-expected 10.
 
 
 
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