Employment increased for the first time since March, but employment tends to be a lagging economic indicator
Employment is a lagging economic indicator
, so coming out of a recession, it is typical for jobs to be the last thing to return," said Wallace.
And the latter is a lagging economic indicator
, telling us what's happened, but not where we are going.
Unlike the unemployment rate, which is a well-recognized trailing or lagging economic indicator
, Gallup's job-creation measure -- much like jobless claims -- is more of a leading or at minimum a coincident indicator of economic performance.
The outcome was no surprise as an unemployment rate, a lagging economic indicator
, normally continues to rise for about one year after industrial production bottoms out,'' said Takuji Aida, senior economist at UBS Securities Japan Ltd.
Real estate is a lagging economic indicator
, and it follows the job market, which has been weak for white-collar workers.
Population, however, tends to be a lagging economic indicator
, usually reaching its peak well after other economic indicators have already turned downward.
Foreclosure activity is actually a lagging economic indicator
because it signals financial distress up to a year old.
In a global threat assessment report submitted to the Senate Select Committee on Intelligence, Director of National Intelligence James Clapper said, "The leadership transition in Beijing continues to unfold as Chinese leaders grapple with a confluence of domestic problems -- including lagging economic indicators
, corruption and pressure for political reform -- that are fueling fears about the potential for serious domestic unrest.
Other lagging economic indicators
, such as employment and capital (business) spending, are often mistakenly viewed as primary economic drivers that deceive the unwary into remaining positive well past the peak in the economy or remaining pessimistic well beyond the trough.
org composites of leading, coincident and lagging economic indicators
The Cabinet Office also said the indexes of leading and lagging economic indicators
were below 50% in the reporting month, the first time since October 1998 that all three indexes have been below the 50% line.