index of coincident indicators
noun [C] (also composite index of coincident indicators)Definition
› 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 noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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