Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun An phenomenon that generally occurs in advance of an important phenomenon, aiding in its prediction.
- noun economics A phenomenon that is predictive of the overall level of economic activity, especially one for which reliable statistics are available; a leading economic indicator.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun one of 11 indicators for different sections of the economy; used by the Department of Commerce to predict economic trends in the near future
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