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Economic indicator |
Also found in: Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
Economic indicator. Economic indicators are statistical measurements of current business conditions. Changes in leading indicators, including those that track factory orders, stock prices, the money supply, and consumer confidence, forecast short-term economic strength or weakness. In contrast, lagging indicators, such as business spending, bank interest rates, and unemployment figures, move up or down in the wake of changes in the economy. The Conference Board, a nonprofit business research firm, releases its weighted indexes of leading, lagging, and coincident indicators every month. Though the individual components are also reported separately throughout the month, the indicators provide a snapshot of the economy's overall health. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Generally, companies aren't increasing benefits or changing leave policies because these aren't the leading indicators of what makes people happy in their jobs. In this connection, note that the Conference Board, which added the yield curve spread to its index of leading indicators in 1996, announced in June 2005 that it will adjust its procedures so as to focus on the level and not on the change. MINNEAPOLIS -- Economic growth will pick up next year, and the leading indicators point to a recovery in U. |
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