Likewise, the leading economic indicator series that I mentioned earlier was actually pointing to recession early in 2008.
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The slope of the yield curve, singularly, is a long-time, powerful leading economic indicator the steeper the more positive.
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Over the years the Conference Board has used several rules of thumb to decide whether its leading economic indicator is signalling a recession.
This is one advantage over the Conference Board's leading economic indicator, which conceals useful information by combining longer- and shorter-term indicators in a single measure.
At the same time, one of the most important sub-components of the leading economic indicator series is the slope of the yield curve which, by itself, is a very good indicator.
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If the paper gold market continues to sell off while physical acquisition continues to accelerate, this is a strong warning about the economic recovery and a leading indicator that could set the stage for a new bull market in precious metals.
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The Napa Valley Wine Auction, an annual event to raise money for area charities, has been a somewhat reliable leading indicator of economic health.
Industry experts say a number of factors are contributing to the current environment for trucking, which is often seen as a leading indicator of economic activity.
Jobless claims are clearly a barometer of the larger economic picture and are more of a coindicator than a leading indicator.
The Organisation for Economic Cooperation and Development, or OECD, said Monday that their Composite Leading Indicator (CLI) inched up to 97.9 for India in November compared to 97.8 in October.
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