index of coincident indicators
noun[C]
ukus(alsocomposite index of coincident indicators)ECONOMICS
in the US, acombinedset ofmeasurementsthat are used tojudgethepresentstateof theeconomy. Data from four differentareasof theeconomyareexamined:paidemployment,personalincome,industrialproduction, andsales:
The Conference Board's Index of Coincident Indicatorsfell0.4% inFebruary.