index of coincident indicators Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “index of coincident indicators” in the English Dictionary

"index of coincident indicators" in Business English

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index of coincident indicatorsnoun [C]

uk   us   (also composite index of coincident indicators)
ECONOMICS in the US, a ​combined set of ​measurements that are used to ​judge the ​presentstate of the ​economy. Data from four different ​areas of the ​economy are ​examined: ​paidemployment, ​personalincome, ​industrialproduction, 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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