Coincident indicators


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Related to Coincident indicators: Lagging indicators, Leading Indicators

Coincident indicators

Economic indicators that give an indication of the current status of the economy.

Coincident Indicator

An economic indicator that provides information on the current state of the economy. That is, a coincident indicator does not show which way the economy is heading, but where it is at present. For example, coincident indicators move up when GDP is growing and down when GDP is shrinking. A common example is personal income. It is also called a concurrent indicator. See also: Leading indicator, Lagging indicator.
References in periodicals archive ?
Yet coincident indicators peak and bottom with cyclical turning points in the economy.
Coincident indicators aim to forecast the evolution of economic variables during the reference period or just after it.
Nine of the 10 component coincident indicators currently available were in the minus column for October, including capacity utilization and overtime working hours by manufacturers.
Nine of the 10 component coincident indicators available at present were in the minus column for September, including raw material consumption and capacity utilization by manufacturers.
Six of the 10 component coincident indicators available at present, such as production index and capacity utilization index, were in the minus column in June.
TEI movement is very closely aligned with leading coincident indicators, and has been substantiated by the realization of its techno-economic forecasts.
The composite index of coincident indicators, has been updated through November but has not been computed for December because two of its four components (personal income and manufacturing and trade sales) are not available.
The composite index of coincident indicators measuring current economic conditions such as production, retail sales and new job offers dropped 0.
Almost in line with market forecasts, the index of coincident indicators measuring current economic conditions such as production, retail sales and new job offers dropped to 90.
The index of coincident indicators such as production, retail sales and the ratio of new job offers to seekers came to 91.
The September index of coincident indicators such as production, retail sales and the ratio of new job offers to seekers fell 2.