A leading indicator is
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leading indicator is a piece of economic data that corresponds with a future movement or change in some phenomenon of interest. Economic leading indicators can help to predict and forecast future events and trends in business, markets, and the economy.Leading indicators must be measurable in order to provide hints as to where the economy is headed next. Investors use these indicators to guide their investment strategies as they anticipate future market conditions. Policymakers and central bankers use them when setting fiscal or monetary policy.
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