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How would you define a leading economic indicator?

Updated: 8/22/2023
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EncofBizandFinance

Lvl 1
13y ago

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Lagged economic indicators are economic indicators such as employment and GDP which have been lagged to include the economic indicators value from an earlier time period. Such as employment being lagged t-1, where the employment value for t-1 would be the employment value for the previous year not the current year.

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Wiki User

13y ago
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13y ago

A few examples of economic indicators include average workweek in manufacturing, new building permits for private housing, new orders for durable goods, and changes in consumer installment debt.

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14y ago

price of scrap metal, retail sale's, stockmarket, home sale's, and constrution new homes- buildings,ect..

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11y ago

Inflation, gross domestic product and the labor market.

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13y ago

The leading indicators are those economic series that change direction in advance of the business cycle.

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