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leading economic indicator

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
leading economic indicator
An economic or a financial variable that tends to move ahead of and in the same direction as general economic activity. Compare lagging economic indicator. See also index of leading economic indicators.

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The Architecture Billings Index (ABI), a leading economic indicator of nonresidential construction activity, showed more modest growth in September following a surge in the August figures.
The current level for the leading economic indicator is just 9 points off its all-time high of 182.
Cal State Fullerton said its Southern California index of leading economic indicators rose 0.
 
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