leading indicator

Early warning metric

A leading indicator is a measurable factor that changes before a larger trend becomes apparent, used to predict future conditions.

In economics, leading indicators like new housing permits or stock prices signal where the economy is heading before GDP data confirms it.

The concept extends beyond economics: Customer complaints are a leading indicator of churn.

Contrasts with lagging indicators, which confirm trends already underway.

signal

warning

Alert about danger

precursor · harbinger · portent · omen · presage · early warning · red flag · canary · bellwether · advance notice

measurement

benchmark

Standard for comparison

  • gaugeStandard of measurement
  • metricStandard of measurement
  • barometerInstrument gauging atmospheric pressure

yardstick · index · parameter · quantification · calibration · assessment · evaluation · diagnostics · criteria · baseline

economic

inflation

Sustained price level increase

housing starts · retail sales · yield curve · stock market · interest rates · business investment · money supply · productivity · exchange rates · oil prices

trend

momentum

Product of mass, velocity

downturn · trajectory · forecast · projection · outlook · cycle · pattern · inflection point · turning point · reversal

Categories
Opposites
predictive vs. confirmatory function

leading indicatordependent variable

Outcome being measured

Family

leading, indicator, lead, leader, leaders, leadership, mislead, misleading, indicate

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Abstract · Rated G