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English definition of “index of coincident indicators”

index of coincident indicators

noun [C]
 
 
( also composite index of coincident indicators)
ECONOMICS in the US, a combined set of measurements that are used to judge the present state of the economy. Data from four different areas of the economy are examined: paid employment, personal income, industrial production, and sales: The Conference Board's Index of Coincident Indicators fell 0.4% in February.
(Definition of index of coincident indicators from the Cambridge Business English Dictionary © Cambridge University Press)
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