Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
economic indicator
See ECONOMIC INDICATOR.
economic indicator.
A statistical measure (such as housing starts) used to describe the state of the economy or to predict its direction. See INDICATOR.
lagging economic indicator
An economic indicator (such as new-home sales) that tends to respond to the direction of the economy. -Often shortened to lagging indicator.
leading economic indicator
See ECONOMIC IN. DICATOR.