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Discover LudwigThe phrase "lead indicator" is correct and commonly used in written English.
It refers to a variable or factor that can predict future trends or changes in a particular situation, market, or industry. Example: "Sales in the tech industry are often used as a lead indicator for economic growth, as they tend to be a strong indicator of consumer spending."
Exact(22)
These should be a lead indicator for the real economy.
Three of the five components that comprise HSBC's lead indicator measure conditions within Asia.
A lead indicator is the purchase of gold by Indians a form of capital flight.
Insofar as what manufacturers see as likely future demand is a lead indicator for output, this bodes well.
The stockmarket is used both as a barometer of investors' risk aversion and as a lead indicator of economic health.
Cracks emerging in its economy at the beginning of the year were seen as a lead indicator of the turmoil to follow.
Similar(38)
Valuation, interest rates and lead indicators say yes.
Stockmarket movements are a standard component of economic lead indicators.
"[But] judging by lead indicators, we expect Hays' temporary business to worsen significantly in coming months.
Our lead indicators, however, are positive and after a slow order intake at the start of the year, the prospects are encouraging heading into the spring.
A January report by Merrill Lynch states: "Lead indicators suggest that consumer confidence has returned and that the economy has probably bottomed out.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com