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index of leading economic indicators

   Also found in: Acronyms 0.01 sec.
index of leading economic indicators
An index that is compiled by the Conference Board, a private-sector consulting firm. The index is designed to indicate the future direction of economic activity. A rising index signals that economic activity can be expected to increase in the near future. Although variations in this index are of interest to stock analysts, stock market price movements are also considered as a separate leading indicator; therefore, the series is not particularly useful in forecasting stock price changes.
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Positives include a sharp increase in the Index of Leading Economic Indicators and disposable personal income will rise as a result of the recently passed federal tax cuts.
Apartment starts bounce back. (Industry Forecast) by Sheehan, Robert / Units
which are indexes unto themselves, and there's the index of leading economic indicators, which is an index of indexes.
NUMBERS SAY '97 WAS GOOD YEAR FOR L.A by Daily News (Los Angeles, CA)
In the lone economic report of the session, the Conference Board said its index of leading economic indicators edged 0.
Schaeffer's Today's Market Features: Freeport-McMoRan Copper & Gold, ... by Business Wire
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