leading indicator
(Economics) variable that historically predicts the direction of an economy (decreases before an economic slowdown and rises before a period of economic growth)
leading indicator
Noun
1. one of 11 indicators for different sections of the economy; used by the Department of Commerce to predict economic trends in the near future
(hypernym) index, index number, indicant, indicator
Leading Indicator
Economic indicator that changes direction in advance of general business conditions.