Lagging indicators
(noun)
Lagging indicators are indicators that usually change after the economy as a whole does.
Examples of Lagging indicators in the following topics:
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Economic Indicators
- One application of economic indicators is the study of business cycles.
- Statistics that report the status of the economy a few months in the past are called lagging economic indicators.
- One such lagging indicator is the average length of unemployment.
- It's often a good indicator of consumers' future buying intent.
- Identify the major economic indicators and what economic factors they measure
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External equity
- This is called "lagging the market".
- The risk in lagging the market is that the company will be unable to attract the best applicants.
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Combining internal and external equity
- You can also enact a policy of "leading" the market by raising the line, and the policy of "lagging" the market by lowering the line.
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The budget
- Knowing what others in the same industry spend can be important to an organization whose performance lags behind the competition or to an organization that suspects that its expenditures are higher than they need to be.
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Introduction to Clean Production
- Banskia has since used the knowledge and impetus gained from its efficiency successes to further clean up its production processes by identifying additional profit-making and cost-cutting practices including: lagging steam pipes to save energy, seeking better electricity and gas rates, and utilizing cleaner, more efficient labeling and purchasing processes.
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Pay
- This is called "lagging the market."
- The risk in lagging the market is that the company will be unable to attract the best applicants.
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Inventory Management
- Time: The time lag in the supply chain from supplier to user requires the availability of a certain amount of inventory for use during this lead time.
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Inventory Management
- Time: The time lags present in the supply chain, from supplier to user at every stage, requires that you maintain certain amounts of inventory to use in this lead time.
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Stability Through Fiscal Policy
- Other possible problems with fiscal stimulus include the time lag between the implementation of the policy and detectable effects in the economy, and inflationary effects driven by increased demand.
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Purchasing Inventory
- Time: The time lags present in the supply chain, from supplier to user at every stage, require that businesses maintain certain amounts of inventory to use in this lead time.