After all, one data set does not make a trend. Here is a chart of a few leading indicators and their lagging counterparts. Recessions, or period of broad-ranging economic decline, typically last ...
A robust measurement process combines the retrospective power of lagging indicators with the predictive ability of leading indicators.
The U.S. Leading Indicator Index slipped 0.1% to 101.6 in ... 113.7 in November (revised from 113.0). The Lagging Economic Index edged up 0.1% to 118.5 vs. 118.4 (revised from 118.8).
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