Lagging indicators are indicators that usually change after [a thing] as a whole does. […] The unemployment rate is a lagging indicator: employment tends to increase two or three quarters after an upturn in [a thing].

(“Economic Indicator” 2021)

Examples

References

“Economic Indicator.” 2021. Wikipedia, December. https://en.wikipedia.org/w/index.php?title=Economic_indicator&oldid=1062025570.