"Lagging Indicator: Economic series that experience their peaks and troughs after those of the aggregate economy. A list of lagging indicators is given as below: · Average duration of unemployment · Inventories to sales ratio, manufacturing and trade · Change in labor cost per unit of output, manufacturing (%) · Average prime rate charged by banks (%) · Commercial and industrial loans outstanding · Consumer installment credit outstanding to personal income ratio · Change in consumer price index for services (%). Source: http://in.docsity.com/en-docs/Economic_Analysis_-_Security_Analysis_and_Portfolio_Management_-_Solved_Quiz_"
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