Lagging Indicator: Economic, Business, and Technical
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Key points:
* A lagging indicator changes after a change in the economic, financial, or business variable with which it is correlated.
* Some examples of lagging economic indicators include the unemployment rate, corporate profits, and labor cost per unit of output.
* Lagging technical indicators trail the price action of an underlying asset and are used to generate signals or confirm the strength of a trend.
* In business, lagging indicators reflect the impact of past management decisions or changes in business strategy.
* Lagging indicators differ from leading indicators, such as retail sales and the stock market, which are used to forecast and make predictions.
Full article: https://www.investopedia.com/terms/l/laggingindicator.asp
Sources: Investopedia