Glossary:Composite coincident indicator
(Redirected from Glossary:Composite lagging indicator)
A composite coincident indicator is a combination of chosen economic statistical indicators, such that a set of series gives more information than a single indicator, that changes simultaneously with general economic conditions and therefore reflects the current status of the economy.
A composite coincident indicator is distinct from both a composite leading indicator changing in advance of economic conditions, and a composite lagging indicator reflecting changes in the general economic trend after they have already taken place.