Coincident indicators


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Related to Coincident indicators: Lagging indicators, Leading Indicators

Coincident indicators

Economic indicators that give an indication of the current status of the economy.

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.
References in periodicals archive ?
Yet coincident indicators peak and bottom with cyclical turning points in the economy.
Coincident indicators aim to forecast the evolution of economic variables during the reference period or just after it.
Nine of the 10 component coincident indicators currently available were in the minus column for October, including capacity utilization and overtime working hours by manufacturers.
Nine of the 10 component coincident indicators available at present were in the minus column for September, including raw material consumption and capacity utilization by manufacturers.
The government said Thursday it has revised downward its key gauge of the state of the economy for June, with the index of coincident indicators falling to 30.
However, strengths have remained more widespread than weaknesses among the coincident indicators over the past six months.
However, the strengths among the coincident indicators have been more widespread than the weaknesses in recent months.
TEI movement is very closely aligned with leading coincident indicators, and has been substantiated by the realization of its techno-economic forecasts.
In addition, the weaknesses among the coincident indicators have remained very widespread in recent months.
The composite index of coincident indicators, has been updated through November but has not been computed for December because two of its four components (personal income and manufacturing and trade sales) are not available.
However, the strengths among the coincident indicators have remained slightly more widespread than weaknesses over the last six months.
In addition, the weaknesses among the coincident indicators have remained very widespread, with none of the components increasing over the past six months.