Leading indicator
noun
noun ·Rare ·Advanced level
Definitions
Noun
- 1 A phenomenon that generally occurs in advance of a more important phenomenon, aiding in its prediction.
- 2 one of 11 indicators for different sections of the economy; used by the Department of Commerce to predict economic trends in the near future wordnet
- 3 A phenomenon that is predictive of the overall level of economic activity, especially one for which reliable statistics are available; a leading economic indicator.