Leading indicator

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    A phenomenon that generally occurs in advance of a more important phenomenon, aiding in its prediction.
  2. 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. 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.