Leading Indicators are economic statistics that signal future changes in the economy before they occur, helping to predict economic trends and cycles.
The Long-Wave Cycle, also known as the Kondratieff Cycle, refers to a theorized cycle in the modern world economy spanning approximately fifty to sixty years, marked by periods of high sectoral growth followed by declines.
A downturn in economic activity, defined by many economists as at least two consecutive quarters of decline in a country's Gross Domestic Product (GDP).
