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.
adjective, profounder, profoundest. 1. penetrating or entering deeply into subjects of thought or knowledge; having deep insight or understanding: a profound thinker. 2. originating in or penetrating to the depths of one's being; profound grief. 3. being or going far beneath what is superficial, external, or obvious: profound insight.