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Meaning of “index of leading economic indicators” in the English Dictionary

"index of leading economic indicators" in British English

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index of leading economic indicatorsnoun [plural]

uk   /ˌɪn.deks əv ˌliː.dɪŋ iː.kəˌnɒm.ɪk ˈɪn.dɪ.keɪ.təz/  us   /ˌɪn.deks əv ˌliː.dɪŋ iː.kəˌnɑː.mɪk ˈɪn.də.keɪ.t̬ɚz/
(Definition of index of leading economic indicators from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"index of leading economic indicators" in Business English

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index of leading economic indicatorsnoun [C]

uk   us   (also composite index of leading economic indicators)
ECONOMICS in the US, a combined set of measurements that are used to judge the probable future state of the economy. Data from ten different areas of the economy is examined: The Index of Leading Economic Indicators points to moderately improving economic conditions.
(Definition of index of leading economic indicators from the Cambridge Business English Dictionary © Cambridge University Press)
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