Definition of lagging indicator
: an economic indicator (such as spending on new plants and equipment) that more often than not maintains an existent trend for some time after the state of the economy has turned onto an opposite trend
— called also lagger
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“Lagging indicator.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lagging%20indicator. Accessed 17 Aug. 2022.
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