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Simple English definitions for legal terms

lagging economic indicator

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A quick definition of lagging economic indicator:

A lagging economic indicator is a type of statistic that describes the state of the economy or predicts its direction. It tends to respond to changes in the economy rather than predict them. This is different from a leading economic indicator, which tends to predict the future direction of the economy. Examples of lagging economic indicators include new-home sales and unemployment rates.

A more thorough explanation:

Definition: A lagging economic indicator is a statistical measure that describes the state of the economy or predicts its direction. It responds to the direction of the economy, meaning it changes after the economy has already started moving in a particular direction.

Example: New-home sales are a lagging economic indicator. When the economy is doing well, people have more money to spend, and they may choose to buy new homes. However, it takes time for new homes to be built and sold, so the increase in new-home sales will only be seen after the economy has already started to improve.

Explanation: The example illustrates how new-home sales are a lagging economic indicator because they respond to the direction of the economy. When the economy is doing well, people have more money to spend, and they may choose to buy new homes. However, it takes time for new homes to be built and sold, so the increase in new-home sales will only be seen after the economy has already started to improve. This means that new-home sales are not a good predictor of the future direction of the economy, but rather a reflection of its past performance.

lagend | lagging indicator

General

General chat about the legal profession.

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Dkk

10:02

Lmfao, it's just part of life in the military. Couple years ago a guy I knew got crushed by a tree. Is what it is.

snow

10:02

@BulbasaurNoLikeCardio: thats smart. i dont know anything about tattoo care lol

babycat

10:02

Also piercings are better to get in the winter

snow

10:02

dk i feel like you would do great in criminal defense

soap

10:02

you good Dk?

snow

10:03

i got my nose pierced last thanksgiving and it got infected @babycat

Dkk

10:03

Probably could just shock the jury into sideing with me lol

babycat

10:03

I mean bc you can’t go swimming with a piercing

Dkk

10:03

Ahh yeah, just hate that word. Trauma. Hate how people use it.

babycat

10:03

So you want to do it in winter when you won’t be missing it. Sorry abt ur nose though

BulbasaurNoLikeCardio

10:04

@snow: healing is super easy it takes like a week to get through the bad part but being in the sun or going in water is a no no so if you get it in the summer that is two weeks at least of no summer fun while winter it doesnt matter

snow

10:04

i think the piercer just did a bad job. my ex and i's piercings both got infected

babycat

10:04

maybe you’re spiritually aligned like that

Dkk

10:04

Gross, piercings.

snow

10:04

@babycat: i was living the bob dylan life man. smoking cigs with a nose piercing while drinkin coffee. have been chasing that high since

BulbasaurNoLikeCardio

10:04

I have been wanting a piercing just to feel what it is like

snow

10:05

@BulbasaurNoLikeCardio: that makes sense. idk im just nervous of infections

snow

10:05

i have my ears pierced but thats it

babycat

10:05

I have a couple types of ear piercings and navel

BulbasaurNoLikeCardio

10:05

Only dirty people get infections from tattoos, higher chance of an allergy to the ink. Just go to a legit shop

Dkk

10:06

I just don't like the idea of the ink in my lymphnodes. That scares me.

carbonoxygenneon

10:06

good morning everyone

BulbasaurNoLikeCardio

10:06

I wanna try a nose peircing to see how it feels. Need a piercer friend who wants to practice on me cause I want to experience it but not keep it

babycat

10:06

You just want to know how it feels to be pierced?

snow

10:07

nose hurt like a bitch, but my tolerance is low

BulbasaurNoLikeCardio

10:07

Yes, I don't think having metal on my face or nips would be fun long term

Dkk

10:07

@BulbasaurNoLikeCardio: I would like that too. I would like to feel that.

jackfrost11770

10:07

honestly any face piercing hurts a lot less than any ear one for me

Dkk

10:07

Man, maybe I will eat another ghost pepper today.

BulbasaurNoLikeCardio

10:07

Like I have my whole body tattooed and dry lined litterally everywhere on my body to just see how it feels

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