Definition of Leading indicator

1. Noun. One of 11 indicators for different sections of the economy; used by the Department of Commerce to predict economic trends in the near future.

Generic synonyms: Index, Index Number, Indicant, Indicator

Definition of Leading indicator

1. Noun. An phenomenon that generally occurs in advance of an important phenomenon, aiding in its prediction. ¹

2. Noun. (economics) A phenomenon that is predictive of the overall level of economic activity, especially one for which reliable statistics are available; a leading economic indicator. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Leading Indicator

leadhillite
leadhillites
leadier
leadiest
leading
leading(a)
leading(p)
leading-edge
leading-string
leading-strings
leading astray
leading axle
leading diagonal
leading diagonals
leading edge
leading indicator
leading indicators
leading lady
leading lamella
leading light
leading lights
leading man
leading off
leading question
leading questions
leading rein
leading seaman
leading seamen
leading strand
leading tone

Literary usage of Leading indicator

Below you will find example usage of this term as found in modern and/or classical literature:

1. Analysis of Censored Data: Proceedings of the Workshop on Analysis of by Hira L. Koul, J. V. Deshpande (1995)
"The features of the leading indicator series are incorporated via a weighting ... The leading indicator series gives us advanced signals about potential ..."

2. Criteria for Performance Excellence: Malcolm Baldrige National Quality Award ...edited by Harry S. Hertz edited by Harry S. Hertz (1999)
"... ("leading indicator") of some more significant performance (eg, increased customer satisfaction might be a leading indicator of market share gain). ..."

3. Education Criteria for Performance Excellence: Baldrige National Quality Program edited by Harry S. Hertz (2001)
"... predictor ("leading indicator") of some more significant performance (eg, a gain in student performance or satisfaction might be a leading indicator of ..."

4. Oecd Economic Surveys by Oecd (2007)
"of the current state of activity, such as GDP growth, industrial production and the OECD's leading indicator, tend to work better at shorter horizons. ..."

5. Health Care Criteria for Performance Excellence: Baldrige National Quality edited by Harry S. Hertz (2006)
"... measurement is a predictor ("leading indicator") of some more significant performance (eg, increased patient satisfaction might be a leading indicator ..."

6. 1967! by Ann Owen, Lawrence A. Murray (1994)
"That might have been a leading indicator telling about stuff to come. It started to rise a bit in 1977 [again leading the changes coming in 1982?]. ..."

7. Main Economic Indicators: Sources and Definitions (1996)
"Two other indicators are presented where available: the index of Industrial production and the OECD composite leading indicator. The latter is a composite ..."

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