An economic indicator which varies directly with, and at the same time as, the related economic trend, thereby providing information about the current state of the economy.
The lagging indicators change direction after the overall economy has moved, while coincident indicators move in tandem with the aggregate economic activity.
While various indicators may be selected, they are usually classified as indicators that lead, lag, and/or are coincident with economic conditions.
They help people determine how wealthy a country's economy is.Economy indicators are useful because they make it easier to monitor money, improvement, and change. This is important when the economy isn't doing so well.Economic indicator best describes economic activities. These can be one of three indicators namely leading indicators, lagging indicators, and coincident indicators.
Coincident is two linear measures resting exactly on top of each other. Coincident roots are roots that are equal to each other.
Statistical measures of change in an economy are called economic indicators. These indicators, such as GDP growth rate, unemployment rate, and inflation rate, provide insights into the overall health and performance of an economy. They help policymakers, businesses, and analysts assess economic trends and make informed decisions. Economic indicators can be leading, lagging, or coincident, depending on their timing relative to economic cycles.
Pami Dua has written: 'A leading index for the Indian economy' -- subject(s): Economic indicators 'A leading index for India's exports' -- subject(s): Economic indicators, Commerce, Econometric models 'Presence of persistence in industrial production' -- subject(s): Industrial production, Supply and demand 'An index of coincident economic indicators for the Indian economy' -- subject(s): Economic indicators 'A leading index for India's exports' -- subject(s): Economic indicators, Exports, Econometric models, Foreign trade promotion
Coincident
coincident
A. Coincident
"Coincident" is an adjective.
on purpose. intentionally.
Economists track the business cycle using several key indicators, including GDP growth rates, unemployment rates, consumer spending, and inflation. They analyze these indicators to identify phases of expansion and contraction in economic activity. Additionally, they utilize leading, lagging, and coincident economic indicators to forecast trends and assess the overall health of the economy. Data collected from surveys, government reports, and financial markets further aid in monitoring these cyclical changes.