Cement deliveries represent a lagging indicator
for construction permits, which dropped by 11.7 percent in 2012.
Loans and leases in credit tend to be a lagging indicator
due to the time it takes for old loans to be paid off and for banks to reduce lending activity.
The unemployment rate is considered a lagging indicator
. Economists expect a jobs rebound to occur many months after the economy begins growing as measured by leading indicators such as the stock market and manufacturing activity.
It is not only the stock market that needs to be wary of this lagging indicator
Although real estate is largely a lagging indicator
, there are market barometers that nevertheless influence real estate conditions.
In this, alas, Chicago is every bit as much a lagging indicator
as it is in population.
Private spending on new construction is a lagging indicator
that Hill soon enter an uptrend due to the sustained rise in corporate profits that began last year.
Our oversized military thus is a lagging indicator
, a sign of our weakness, not strength, and our current aggressive foreign policy stems from our need to hide our vulnerability mad to maintain our reputation as, in Secretary Albright's words, "the indispensable power."
While economists are still leery of calling tiffs solid evidence of a self-sustained recovery in the US, it does indicate that even the labor market, a lagging indicator
of any recovery, is showing signs of bottoming out.
According to Bush administration shills like Rush Limbaugh, job growth is always a lagging indicator
of an economic recovery.
Since the unemployment rate is a lagging indicator
(a variable used to confirm that a stage of the economic cycle has already occurred), the employment picture won't brighten until more of the forward-looking leading indicators (such as housing starts or durable goods orders) improve.
However, prices are a lagging indicator
. Today's deflation reflects the big GDP drop of 1998.