Lagging indicators are just as important as leading indicators because they verify that changes in trends have happened. In English, the verb “to lag” means to fall behind, and it usually ...

A robust measurement process combines the retrospective power of lagging indicators with the predictive ability of leading indicators.

Leading indicators are sets of data that ... they can sometimes prove inaccurate in retrospect. Lagging indicators are sets of economic data that tend to change after a shift in some aspect ...