noun
one of 11 indicators for different sections of the economy; used by the Department of Commerce to predict economic trends in the near future
• Hypernyms: ↑index, ↑index number, ↑indicant, ↑indicator
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noun : an economic indicator (as the level of corporate profits or of stock prices) that more often than not shows a change in direction before a corresponding change in the state of the economy — called also leader
Useful english dictionary. 2012.