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Coincident Indicator

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Coincident Indicator
An economic indicator that provides information on the current state of the economy. That is, a coincident indicator does not show which way the economy is heading, but where it is at present. For example, coincident indicators move up when GDP is growing and down when GDP is shrinking. A common example is personal income. It is also called a concurrent indicator. See also: Leading indicator, Lagging indicator.


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It plans to upgrade the assessment to ''signaling improvements'' if the CI of coincident indicators rises in October.
Indicators are showing a slowdown in activity, with the coincident indicator, a measure of economic activity in the country, showing a month-on-month decline in August and
Recession-tracking economists divide statistics into three categories: leading indicators; coincident indicators, which closely track the down-and-up movement of the economy; and lagging indicators, which may take months or years to improve after the resumption of economic growth.
 
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