noun
coincident indicator
An economic index that moves in line with the overall business cycle, used to assess current economic conditions. Often part of a composite index published by government agencies.
内閣府が発表する一致指数は、景気の現状を示す重要な指標だ。
The coincident indicator released by the Cabinet Office is an important index showing the current state of the economy.
一致指数が3か月連続で上昇したため、景気は拡大局面にあると判断された。
Because the coincident indicator rose for three consecutive months, the economy was judged to be in an expansion phase.