Coincident indicators refer to economic measures that directly show the current state of the economy. They provide a snapshot of what is happening in the economy at a given point in time. These indicators coincide with the performance of the economy and give us an immediate sense of its health.
Full definition
Still, investors continued the habit of confusing lagging and
coincident indicators for leading ones, so the positive GDP figure was taken as evidence that an oncoming economic downturn was «off the table.»
The Roughly
Coincident Indicators index held at 100 for a second month after seven consecutive months at 100 were interrupted by a reading of 92 in October.
To the Fed's credit, the majority of FOMC members in January 2008 based their policy decisions on the mounting dysfunctional behavior of the financial markets rather than
ephemeral coincident indicators such as real GDP growth.
Don't believe everything economists say: consumer confidence is, at best,
a coincident indicator.
Sales, production and income are
coincident indicators, and are presented below.
The Labor Force Participation (LFP rate, or ratio) is
a coincident indicator, since both the numerator and denominator are coincident economic indicators themselves.
All six of
the coincident indicators show strong expansion trends.
The Coincident Indicators index held at 100 for a second month after a reading of 92 in October.
Nonfarm payrolls is not a leading indicator for the stock market or economy — it's
a coincident indicator.
See also leading, lagging, and
coincident indicators.
Initial Claims was
a coincident indicator in these cases.
This was
a coincident indicator — not a leading indicator.
Art is
a coincident indicator for what's happening in the world economy, but I'm wary of what I see.