Definition, Meaning & Synonyms
lci
abbreviation
ˈɛlˌsiːˈaɪ
Definition
LCI stands for ‘Leading Competitive Indicator’, which is a metric used to predict future economic activity by analyzing specific economic indicators.
Examples
- Analysts use the LCI to forecast economic downturns.
- Many companies track the LCI to adjust their business strategies accordingly.
- The LCI indicates a positive economic outlook for the next quarter.
Meaning
In economic terms, LCI provides insight into potential changes in the economy and helps businesses and policymakers make informed decisions.
Synonyms
- Economic predictor
- Leading economic indicator
- Forecasting metric
