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.
References in periodicals archive ?
The staffing industry has been a good concurrent indicator of economic growth.
On the one hand, concurrent indicators of macroeconomic activity indicate a strong household growth with some inventory recovery in the manufacturing sector; worldwide-synchronized growth is reflected in stronger commodity prices.

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