leading indicator

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Related to leading economic indicator: Index of Leading Indicators
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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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References in periodicals archive ?
According to the Philippine Statistics Authority, we have a Philippine Leading Economic Indicator System also with 11 factors.
We tend to be a leading economic indicator, and I hate to think that that's a signal of what we're getting ready to see in 2019."
Building permits are a significant leading economic indicator.
The Baltic Dry Index, a decades-old measure of shipping costs viewed by some investors as a leading economic indicator, is getting a makeover.
The American Chemistry Council's Chemical Activity Barometer, a leading economic indicator, expanded 0.6 percent in December on a three-month moving average basis and 0.4 percent on an unadjusted basis.
As previously noted in this column, there has long been a long-evolving thesis that carrier and provider performance serves as leading economic indicator. Aside from key financial earnings metrics like operating ratio, EPS, and profits, eyes typically turn to things like volume or tonnage growth and revenue per shipment.
The NHBR/e-forecasting.com NH Leading Economic Indicator fell in May to a reading of 129.6, down 0.5 points from April.
As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending.
According to the council, the Chemical Activity Barometer is an established leading economic indicator, shown to lead US business cycles by an average of eight months at cycle peaks, and four months at cycle troughs.
In the same month, the leading economic indicator, used to forecast the economic outlook for the next three months, edged up 0.6 of a percentage point; while the coincident indicator, assessing the economic climate in a given month, showed 0% growth, the lowest in one year.
A leading economic indicator of construction activity, the ABI shows roughly a 9- to 12-month lag time between architecture billings and construction spending.
Analysis of machine tool consumption provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.

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