Define lagging indicators, Advanced Statistics

Lagging indicators: The part of a collection of the economic time series designed to give information about the broad swings in measures of the aggregate economic activity known as business cycles.

It is used mainly to confirm the recent turning points in such kind of cycles. Such indicators alter after the overall economy has changed and instance comprises of business spending, labour costs, and the unemployment rate.

Posted Date: 7/30/2012 1:42:15 AM | Location : United States

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