The Composite Index of Leading Economic Indicators: How to Make It More Timely. Robert H. McGuckin, Ataman Ozyildirim, Victor Zarnowitz. A major shortcoming of the U.S. leading index is that it does not use the most recent information for stock prices and yield spreads. The index methodology ignores these data in favor of a time-consistent set of components (i.e., all of the components must refer to the previous month).
Definition of transfigure. transfigured. ; transfiguring. transitive verb. : to give a new and typically exalted or spiritual appearance to : transform outwardly and usually for the better.
trans-Across, through, over, beyond, to or on the other side of, outside of. A compound in which two atoms or groups are situated on opposite sides of some plane of symmetry passing through the compound. (Also used without the hyphen as an adjective; see trans.) Transgender or transsexual, or pertaining to those who are transgender or transsexual.