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coincident indicator

noun
1.
an economic indicator, as gross national product, that typically fluctuates in correlation with the total economy.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for coincident indicator
  • It could also be used to provide confirming evidence of current economic performance as a coincident indicator.
  • Income is a coincident indicator, meaning it moves in conjunction with the business cycle.

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