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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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The index is a leading indicator for the housing sector, based on pending sales of existing homes.
MORE INCOME SPENT TO KEEP HOME PENDING SALES HAVE STRONG GAIN by Daily News (Los Angeles, CA)
If paying for merger and acquisition advice is a leading indicator of activity, the M & A climate in Europe is definitely heating up.
Bullish expectations for European M & A by Heffes, Ellen M. / Financial Executive
But historically, oats have proven to be a leading indicator when the grain markets make a significant price reversal.
From the bullpen by Grete, Brian / Pro Farmer
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