leading series
Definition:
These are certain economic time series which have been observed to move in the same direction as other major measures of economic activity, but at an earlier date. They are thus often used to forecast economic activity.
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© Westburn Publishers Ltd 2002, The Westburn Dictionary of Marketing edited by Michael J Baker, ISBN 978-0-946433-01-8. www.themarketingdictionary.com. Entry: [J. A. Bound],.