BNET Business Dictionary
Business Definition for: Lagging Indicator
- a measurable economic factor, for example, corporate profits or unemployment, that changes after the economy has already moved to a new trend, which it can confirm but not predict
Additional Resources
- Unemployment Has Become a Leading Indicator
- Earnings Call ExcerptThe traditional economic orthodoxy suggests that unemployment is a lagging indicator, since firms do not begin hiring until they are sure a recovery has begun. However, the length and depth of this recession has resulted in unemployment morphing into a leading indicator.Click to enlarge: Consumer confidence...
- Earnings calls 2009-10-28
- TED Spread: A Lagging Stock Market Indicator
- Michael Stokes submits: [This week I’m focusing on the TED spread and what it can tell us about the stock market. If you're not familiar with the TED spread, you can read more about it here.] In this report, I’ll look at the TED spread as a lagging indicator (or...
- External links 2008-11-06
- Consider These Conditions When Using the Unemployment Rate as 'Any Kind' of Indicator
- Investors and the media (CNBC) are too quick to affirmatively state that “unemployment is a lagging indicator.” The unemployment rate is not so much a “lagging indicator” as it is a reflection of investors’ past behavior to use it to predict the beginning of a large stock market recovery....
- External links 2009-07-10
- Consumer Confidence Is a Lagging Indicator: Expect Post-Recession Gloom Through 2010
- Mark J. Perry submits: Scott Grannis: I've never paid much attention to surveys of confidence, mainly because they tend to be lagging indicators. As these charts show one appears above, consumers are often quite happy until just before a recession starts, and quite depressed well after...
- External links 2009-10-29
- Leading vs. Lagging, Bull vs. Bear, Short vs. Long: Thoughts on the Market
- J Clinton Hill submits: In last Friday’s Market Condition Summary report, I posted comments regarding whether this was a bull or bear market and the disturbing nature of a lagging economic indicator, i.e. Employment Situation report. I promised to post additional thoughts on this and after turning it over and...
- External links 2009-04-07
- 51jobs Q1 2009 Earnings Call Transcript
- Question-and-Answer Session Operator Operator Instructions We will take our first question from Jason Brueschke from Citi. Jason Brueschke - Citigroup Thank you. Good morning, Rick, Peter, Kathleen, and Linda. Let me maybe start with a couple of questions on the outlook -- Rick, first of all, you have...
- Earnings calls 2009-05-11
- After June Employment Report, Stock Market Watchers Say: "Recalibrate"
- To judge by the stock market's response to the full-month June employment report -- a drop of over four percent in the three trading days since July 2 -- the job situation is an ongoing, and increasing, disappointment. In terms of the percentage of jobs lost from peak to trough,...
- Blog posts 2009-07-07
- Look - It's a V-Shaped Recovery
- Michael Murphy submits: In my June 15 article, "Bad News? They're Just Lagging Indicators", I outraged some on SeekingAlpha.com with my statement that: “The recession is over.” I said you should not pay attention to the lagging indicators like employment, especially when cited by an otherwise bearish...
- External links 2009-08-16
- U.S. Physical Therapy, Inc. Q3 2008 Earnings Call Transcript
- Question-and-Answer SessionOperator Your first question comes from the line of Larry Solow with CJS Securities. Larry Solow – CJS Securities Hi, good morning guys. Chris Reading Good morning, Larry, Larry Solow – CJS Securities Can you – did you see any change in trend at all may be...
- Earnings calls 2008-11-24
- One Day Away from Retesting 52-Week Lows
- Dr. Duru submits: This economy is truly President Obama's mess now. The market greeted Obama with its worst showing ever for an inauguration day I also heard that inauguration days tend to be down days anyway. While Main Street partied like the 1990s, Wall Street sulked like the...
- External links 2009-01-21
- Assurant, Inc. Q4 2008 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator instructions Your first question comes from John Nadel. John Nadel – Sterne, Agee & Leach Hi, good morning everybody. Rob Pollock Good morning, John. John Nadel – Sterne, Agee & Leach So, a couple of questions for you. I think – thinking about Specialty property, we...
- Earnings calls 2009-02-05
- Chart of the Day: Stocks vs. Unemployment
- Felix Salmon submits: Received opinion has it that stock prices are a leading indicator of economic conditions — they price in expected future events — while the unemployment rate is a lagging indicator, since it reflects the outcome of decisions made in the past, and businesses only...
- External links 2009-05-25
- Unemployment Headline Is Negative, but Take a Look at Those Leading Indicators
- The full-month employment report for June was not attractive - June produced a net loss of 467,000 jobs, much higher than in May, and well above even the pessimistic forecasts. The unemployment rate rose as well, to 9.5 percent from 9.4 percent in May. But these measures are all trailing...
- Blog posts 2009-07-02
- Live Blogging: Sergey Brin & Eric Schmidt Talking Search With The Press
- Google cofounder Sergey Brin and Google CEO Eric Schmidt are speaking today to a small gathering of reporters at Google's New York office. Below, a semi-live blog of the briefing. Semi-live? Well, Erick Schonfeld of TechCrunch, Peter Kafka of AllThingsD and I all eyed each other each other up. "You...
- News items 2009-10-07
- Seeing the Big Picture
- REITs have outperformed over the past 20 years, but will broader market, demographic and economic factors allow those results to hold over the next two decades? There is a cyclical nature and long-term strategy with investing in real estate stocks that investors can lose sight of when company performance dips...
- White papers 2003-01-01
- It's the People, Stupid
- It's a line employees and union leaders have touted for years: Happy employees make for more profitable companies. Now there seems to be more data to back it up. Watson Wyatt Worldwide, the benefits consulting firm, says it has evidence to support the idea that improvements in human-capital practices (in...
- White papers 2002-01-01
- Hedge Fund Tracking: Tremblant Capital
- Market Folly submits: Four times a year, hedge funds & asset managers with > $100 million AUM assets under management are required to report to the SEC their holdings from the previous quarter. I check these 13F filings quarterly just to get a sense as to where these funds are...
- External links 2008-08-14
- Hedge Fund Tracking: Clarium Capital
- Market Folly submits: Four times a year, hedge funds & asset managers with > $100 million AUM assets under management are required to report to the SEC their holdings from the previous quarter. I check these 13F filings quarterly just to get a sense as to where these funds are...
- External links 2008-08-18
- Hedge Fund Tracking: Blue Ridge Capital (John Griffin)
- Market Folly submits: Four times a year, hedge funds & asset managers with > $100 million AUM assets under management are required to report to the SEC their holdings from the previous quarter. I check these 13F filings quarterly just to get a sense as to where these funds are...
- External links 2008-08-19
- Hedge Fund Tracking: Lone Pine Capital (Steven Mandel)
- Market Folly submits: Four times a year, hedge funds & asset managers with > $100 million AUM assets under management are required to report to the SEC their holdings from the previous quarter. I check these 13F filings quarterly just to get a sense as to where these funds are...
- External links 2008-08-21
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