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Lagging Indicator

   Also found in: Wikipedia 0.07 sec.
Lagging Indicator
A measurable economic factor that changes after the economy has already begun to follow a particular pattern or trend.

Notes:
Lagging indicators confirm long-term trends, but do not predict them. Some examples are unemployment, corporate profits, and labor cost per unit of output. Interest rates are another good lagging indicator rates change after severe market changes.



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Although real estate is largely a lagging indicator, there are market barometers that nevertheless influence real estate conditions.
In this, alas, Chicago is every bit as much a lagging indicator as it is in population.
In any event, employment is considered a lagging indicator, so economists say that if the economy does slow, it could take several months for it to show up in the employment figures.
 
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