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economic indicator
(redirected from Leading Indicators)

   Also found in: Financial, Encyclopedia, Wikipedia 0.51 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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Generally, companies aren't increasing benefits or changing leave policies because these aren't the leading indicators of what makes people happy in their jobs.
In this connection, note that the Conference Board, which added the yield curve spread to its index of leading indicators in 1996, announced in June 2005 that it will adjust its procedures so as to focus on the level and not on the change.
MINNEAPOLIS -- Economic growth will pick up next year, and the leading indicators point to a recovery in U.
 
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