leading economic indicator


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Related to leading economic indicator: Index of Leading Indicators

Leading Economic Indicator

An indicator that occurs before an economy has started moving in a particular direction and is therefore used to predict the economy's movement. For example, a reduction in the average number of hours worked by manufacturing employees is considered a leading indicator because it usually precedes an economic slowdown or a recession. Among the indicators used by the Composite Index of Leading Indicators are the change in the money supply and the number of new building permits issued for residences. Leading economic indicators are used to help predict the direction of the economy; investors and businesses can use them to make their decisions accordingly.

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.
References in periodicals archive ?
24, 2015 /PRNewswire/ -- The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), stabilized in November, rising 0.
Based on a comparison of data compiled since the survey's inception in 1995 with figures from the Department of Commerce on Construction Put in Place, the findings amount to a leading economic indicator that provides an approximately nine to twelve month glimpse into the future of nonresidential construction activity.
Mexico's leading economic indicator is calculated monthly by The Conference Board (New York), the source for a January 20, 2006 report distributed by Reuters.
Japan's Leading economic indicator rose for the fourth straight month in July, with the index rising to 83.
com New Hampshire Leading Economic Indicator fell again in April, falling to 112--a drop of 0.
With an approximate nine to twelve month lag time between architecture billings and construction spending, the ABI is a leading economic indicator of construction activity, and should translate into a high level of activity throughout 2007.
The new index, comparable to a national leading economic indicator, is the first of its kind in New Hampshire.
WASHINGTON, June 28, 2015 /PRNewswire/ -- The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), increased by 0.
com New Hampshire Leading Economic Indicator decreased again in March, falling to 112.
With an approximate nine to twelve-month lag time between architecture billings and construction spending, the ABI is a leading economic indicator of construction activity, and should translate into a high level of activity throughout 2007.
WASHINGTON, May 26, 2015 /PRNewswire/ -- The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), jumped 0.
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.

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