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.
contemporary, contemporaneous, coeval, synchronous, simultaneous, coincident mean existing or occurring at the same time. contemporary is likely to apply to people and what relates to them. â¨Abraham Lincoln was contemporary with Charles Darwinâ© contemporaneous is more often applied to events than to people.