- noun an indicator which shows a change in economic trends later than other indicators, e.g. the gross national product.
- (written as Lagging Indicator)A lagging (or lagged) indicator is a quantitative or qualitative measure of an entity or activity whose changes reflect prior changes in a determinant. Its main value lies in audit and other evaluative exercises to test the extent to which planned changes had the hoped for consequences. For example, falling death rates may be a lagging indicator of earlier measures taken to reduce hospital infection rates.
- synonymtrailing indicator (written as Lagging Indicator)