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I had never occurred to me that something could be a leading indicator for changes in one direction but lagging in another. Thanks for upgrading my thinking!
by DoofusOfDeath 6y ago
I had never occurred to me that something could be a leading indicator for changes in one direction but lagging in another.
Thanks for upgrading my thinking!
- JacobAldridge 6y agoThanks for the comment! I’ve been doing a bit of research into various economic indicators aiming to help my (business owner) clients, and it pretty rapidly becomes a complicated mess of cause and effect. Take Unemployment - a lag indicator of economic conditions (things were better/worse last month and so people found/lost work); but also in a small way a lead indicator of economic conditions (more people in/out of work and the wider confidence arising from the news has an impact on future spending).