2025-08-22
5 分钟Hi, today I want to talk about leading indicators and lagging indicators,
something that I was aware of in my business activities,
especially in the lumber business, but which is also a concept that we can use in language learning.
In my lumber business, which I'm still involved with,
but which was my major business activity for over four years,
we had certain statistics, graphs that we would follow,
which were sort of indicators of what was going to come.
So these were called sort of leading indicators.
It could be, you know, the lumber futures market.
It could be housing permits.
Those are homes that are going to be built.
It could even be population growth.
It could be any number of things that give us an indication of what might be coming our way.
And then we are going to try to act on these.
It could be, you know, the accumulation of stocks at mill locations,
which... suggests that these will eventually be released onto the market,
causing the prices to go down, just as, say,
an increase in housing permits, new housing permits, would signal an increase in demand.
And we study these, and we study them historically,
and we make projections of what's going to happen,