JumpySubsequentDolphin
22:39
Simple English definitions for legal terms
Read a random definition: writ of error
A leading economic indicator is a statistic that helps us understand the state of the economy and predict where it might be headed in the future. It can be something like interest rates or other factors that tend to predict what will happen in the economy. A lagging economic indicator, on the other hand, responds to what has already happened in the economy. Examples of lagging indicators include new-home sales.