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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.
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
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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