"indicator of optimism" is a correct and usable phrase in written English.
It can be used when discussing factors or signs that suggest a positive outlook or attitude towards something. Example: The increasing number of new businesses in the city is seen as an indicator of optimism for the local economy.
Oil prices, which are often seen as an indicator of optimism in the global economy, made slight gains after reversing a 3% decline earlier in the day.
And, the Consumer Confidence Index, an indicator of optimism about the US economy, in January rose to 102.9 — its highest level since August ,2007.
All those trends should help bolster what might be the most important indicator of all: optimism.
WPP, whose fortunes are an indicator of companies' optimism about the future, had revenues of £4.4bn, up 3.5%.
Job-hopping, perhaps the greatest indicator of economic optimism amongst ambitious Chinese, has slowed, a sign of diffused anxiety.
Unemployment has been falling slightly, although from a high level, and indicators of business optimism have been rising.
The AUC was 0.81, with an optimism estimate of -0.02, indicating absence of optimism.
Investors in closed-end funds are almost all individuals; the discount is a good indicator of their collective optimism (or pessimism) reckons Mr Thaler.
The total score ranges from 0 to 24 with high scores indicating higher levels of optimism: for indicative purposes we analysed optimism using cutoff values as follows: 0 13 indicates low optimism, 14 18 moderate optimism and 19 24 high optimism.
Taiwanese tech observers, however, expressed dismay at today's announcement (link via Google Translate), with some speculating that the move might be an indicator of Adobe's lack of optimism in the future of Taiwan's tech market (link via Google Translate), which has been buffeted by competition from China, South Korea and southeast Asia.
The optimism questionnaire score ranges from 0 to 8 points, higher scores being indicative of higher optimism levels.
