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LSDefine

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

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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