economic indicator

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Also found in: Financial.
Related to Lagging indicators: Leading Indicators, Coincident indicators

economic indicator

n
(Economics) a statistical measure representing an economic variable: the retail price index is an economic indicator of the actual level of prices.
Translations

economic indicator

nWirtschaftsindikator m
References in periodicals archive ?
It has nonetheless opined on the validity of certain types of safety incentive programs and post-incident drug testing policies in order to advance key policy initiatives, namely: to improve the accuracy of injury and illness recordkeeping statistics; and to incentivize employers to rely on leading rather than lagging indicators to measure safety performance.
It is one of the best known lagging indicators. The consumer price index expresses the current prices of a basket of goods and services in terms of the prices during the same period in a previous year, to show effect of inflation on purchasing power.
The initiative is one of many measures that ANGE is currently putting in place to tackle the behaviour of its operators on site before accidents occur, as well as to emphasise the leading indicators of accidents, including near misses, as opposed to lost-time incidents (LTIs) and other lagging indicators.
If we view the adverse outcomes through this lens, then the increase in maternal mortality and morbidity are lagging indicators in the structured analysis methods (such as Six Sigma and Lean Six Sigma).
The leading, coincident, and lagging economic indexes are essentially composite averages of several individual leading, coincident, or lagging indicators.
The index of lagging indicators, measuring performance in the recent past, gained 0.6 points to 111.2.
The index of lagging indicators, which tracks previous activity, rose 0.3 percent in October after falling 0.1 percent the previous month.
Fiserv's configuration of Dynamics CRM provides predefined local and centralized campaign templates, tailored dashboards of leading and lagging indicators, processes for lead, referral and pipeline management, structured sales planning tools and more.
"Traditional measures of innovation such as market success are significantly lagging indicators. We're interested in measures that are timely, meaningful, and, most importantly, actionable."--David Burrage, Motorola research portfolio and processes manager, in Business Week, April 28, 2006.
All three of the Conference Board's composite indexes the leading, coincident, and lagging indicators of economic activity--rose in October.
The lagging indicators such as employment figures and spending on capital equipment have also started to rise off their cyclical bottoms, and they too will now start to contribute to the recovery.