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economic indicator
(redirected from Coincident indicators)

   Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.

economic indicator

Statistical measure for judging the health of an economy, such as gross domestic product, the rate of unemployment, or the rate of inflation.

The genuine progress indicator developed 1992 in the USA is a monetary indicator based on personal consumption, adding the value of housework and the services of capital, but subtracting costs associated with pollution, resource depletion, accidents, loss of leisure time, and underemployment.



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It plans to upgrade the assessment to ''signaling improvements'' if the CI of coincident indicators rises in October.
Recession-tracking economists divide statistics into three categories: leading indicators; coincident indicators, which closely track the down-and-up movement of the economy; and lagging indicators, which may take months or years to improve after the resumption of economic growth.
May's index of coincident indicators, which tracks the current pace of economic activity, rose 2.
 
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