Leading indicator

/ˌlidɪŋ ˌɪndəˈkeɪdər/

IPA guide

Other forms: leading indicators

Definitions of leading indicator

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

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type of:
index, index number, indicant, indicator
a number or ratio (a value on a scale of measurement) derived from a series of observed facts; can reveal relative changes as a function of time

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