Leading Economic Indicators

View FREE Lessons!

Definition of Leading Economic Indicators:

Leading economic indicators are measurable variables in an economy that normally change before the rest of the economy.

Detailed Explanation:

Economists and businesspersons use leading economic indicators to forecast the future. Variables like the average workweek for manufacturers, the number of first-time applicants for unemployment insurance (unemployment insurance is paid to workers who have been laid off), new building permits, and new orders for capital goods are all leading economic indicators because they tend to change prior to a trough or peak.

Search the Glossary

Investment Calculator:

Market Overview:

Market quotes are powered by TradingView.com

Single Quote:

© 2018 Higher Rock Education and Learning, Inc. All rights reserved. No portion of this site may be copied or distributed by any means, including electronic distribution without the express written consent of Higher Rock Education and Learning, Inc.