The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

LEADING INDICATORS Definition & Legal Meaning

Definition & Citations:

Measurable economic performance factors. Changes in any factor traced predicts changes in the underlying economic cycle’s particular direction or trend. They forecast forthcoming overall economy patterns as these statistics precede by one to 12 months other economic activity changes. Durable goods orders, plant and equipment orders, building new housing, raw material price changes, corporate profits and share prices, business formation and failures, and money supply (M2) are all major leading indictors.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.