• Definition for "leading indicator"
    • An phenomenon that typically happens prior to an…
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leading indicator definition

  • noun:
    • An phenomenon that typically happens prior to an important event, aiding with its forecast.
    • A phenomenon which predictive of the overall level of economic task, particularly one that trustworthy statistics can be found; a respected financial indicator.
    • one of 11 signs for various chapters of the economy; utilized by the Department of Commerce to predict financial trends in the future
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