lagging economic indicator

lagging economic indicator definition - business

lagging economic indicator

An economic or financial variable, the movements of which tend to follow the movement of overall economic activity. Thus, a lagging economic indicator would reach a peak after a peak in economic activity and would hit bottom after a bottom in economic activity. Compare leading economic indicator.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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