Predictive Tools

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August 25, 2024 3 min read Definitions
Index of Leading Indicators: Key Economic Tool
Economics Finance Economic Indicators Leading Indicators Predictive Tools Economic Forecasting Macroeconomics
The Index of Leading Indicators is a composite index used to predict the future direction of the economy. It includes various economic factors like unemployment insurance claims and new building permits that typically change before the economy as a whole changes.
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