diff --git a/clint/textui/__init__.py b/clint/textui/__init__.py
index 7411343..dd730f9 100644
--- a/clint/textui/__init__.py
+++ b/clint/textui/__init__.py
@@ -13,6 +13,7 @@
     colorama.init()
 
 from . import colored
+from . import elapsedtime
 from . import progress
 from . import prompt
 
diff --git a/clint/textui/elapsedtime.py b/clint/textui/elapsedtime.py
new file mode 100644
index 0000000..df766e9
--- /dev/null
+++ b/clint/textui/elapsedtime.py
@@ -0,0 +1,99 @@
+# -*- coding: utf-8 -*-
+
+"""
+clint.textui.elapsedtime
+~~~~~~~~~~~~~~~~~
+
+This module provides a simple timer to measure elapsed time.
+
+"""
+
+from __future__ import absolute_import
+from threading import Thread
+
+import time
+import sys
+
+INDICATOR_TEMPLATE = '%s %s %s\r'
+NO_INDICATOR_TEMPLATE = '%s %s\r'
+
+INDICATOR_CHARS = ['|', '/', '-', '\\']
+
+STREAM = sys.stderr
+
+
+class ElapsedTime(object):
+    """Timer class for measuring elapsed time.
+    This provides a timer with animation.
+
+    Intended usage:
+    with ElapsedTime(*kwargs):
+        <code>
+    """
+    def __enter__(self):
+        th = Thread(target=self._print_indicator)
+        th.start()
+        return self
+
+    def __exit__(self, type_, value, traceback):
+        self._done()
+        self._running = False
+        return False
+
+    def __init__(self, label=None, indicator_chars=INDICATOR_CHARS,
+                 interval=0.2, hidden=False):
+        self._running = True
+        self.label = label
+        self.indicator_chars = indicator_chars
+        self.interval = interval
+        self.hidden = hidden
+        self.label = label
+        if not self.label:
+            self.label = ''
+        self._start = time.time()
+        self._indicator_index = 0
+
+    def show(self):
+        """Write elapsed time to stream, with newline, without indicator."""
+        self._write_time(newline=True, show_indicator=False)
+
+    def reset(self):
+        """Reset the timer."""
+        self._start = time.time()
+
+    def _done(self):
+        if not self.hidden:
+            self._write_time(newline=True)
+
+    def _show(self):
+        if not self.hidden:
+            self._write_time()
+
+    def _write_time(self, newline=False, show_indicator=True):
+        elapsed = time.time() - self._start
+        elapsed_disp = ElapsedTime._format_time(elapsed)
+        if not self.indicator_chars or not show_indicator:
+            STREAM.write(NO_INDICATOR_TEMPLATE % (
+                self.label, elapsed_disp))
+            if newline:
+                STREAM.write('\n')
+            STREAM.flush()
+        else:
+            STREAM.write(INDICATOR_TEMPLATE % (
+                self.label, self.indicator_chars[self._indicator_index],
+                elapsed_disp))
+            if newline:
+                STREAM.write('\n')
+            STREAM.flush()
+            self._indicator_index = (
+                (self._indicator_index+1) % len(self.indicator_chars))
+
+    def _print_indicator(self):
+        while self._running:
+            self._show()
+            time.sleep(self.interval)
+
+    @staticmethod
+    def _format_time(seconds):
+        time_ = time.gmtime(seconds)
+        return time.strftime('%H:%M:%S', time_)
diff --git a/examples/elapsedtime.py b/examples/elapsedtime.py
new file mode 100755
index 0000000..4dd34f1
--- /dev/null
+++ b/examples/elapsedtime.py
@@ -0,0 +1,50 @@
+#!/usr/bin/env python
+# -*- coding: utf-8 -*-
+
+from __future__ import print_function
+
+import sys
+import os
+
+sys.path.insert(0, os.path.abspath('..'))
+
+from time import sleep
+from clint.textui import elapsedtime
+
+
+if __name__ == '__main__':
+    # Basic use
+    with elapsedtime.ElapsedTime():
+        sleep(3)
+
+    # Use with options
+    with elapsedtime.ElapsedTime(
+            label='Running long job...',
+            interval=0.1,
+            indicator_chars=['o', 'O', '8']):
+        sleep(5)
+
+    # Use without indicator
+    with elapsedtime.ElapsedTime(
+            label='Without indicator:',
+            indicator_chars=None):
+        sleep(3)
+
+    # Hide the animated timer
+    with elapsedtime.ElapsedTime(
+            label='Elapsed time:',
+            hidden=True) as et:
+        for i in range(3):
+            print('This is loop: %d/3' % (i+1))
+            sleep(1)
+        et.show()
+
+    # Use without 'with' statement
+    et = elapsedtime.ElapsedTime(label='Without with:')
+    print('Running long job...')
+    sleep(3)
+    et.show()
+    et.reset()
+    print('Running another long job...')
+    sleep(3)
+    et.show()