Definition: Leading indicator

OECD - Business tendency surveys

Economic time-series which exhibits a leading relationship with respect to the turning points of a reference series.

Economic indicator whose peaks and troughs during the business cycle tend to occur sooner than those of the general economy.
Source:
Organization for Economic Cooperation and Development (OECD), "Business Tendency Surveys - A Handbook", OECD, Paris, 2003
Created:
Updated:

Search box

Search