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Leading indicators are those which are believed to change in advance of
changes in the economy, giving you a preview of what is going to happen before the change
actually occurs. (There are also coincident indicators, which change about the same time as the
overall economy, and lagging indicators, which change after the overall economy, but these are
of minimal use as predictive tools.) In addition, the Fed watches many of these indicators as
it decides what to do about interest rates. For these reasons, these indicators are important
to investors. Below we have summarized some of the major indicators and how you can keep tabs
on the latest data...
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