The components of the Index of Leading Economic Indicators tend to change prior to changes in the economy as a wholE.

Name: The components of the Index of Leading Economic Indicators tend to change prior to changes in the economy as a wholE.
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The purpose of the Index of Leading Economic Indicators is to predict changes in the economy before they occur. Therefore, changes in the components of the index tend to signal changes in the economy as a whole.

The Components of the Index of Leading Economic Indicators Tend