Breitbart Business Digest: Leading Economic Indicators See Us on Cusp of Recession Yet Again

  • 📰 BreitbartNews
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

By many of the most reliable leading indicators of the U.S. economy, we are long overdue for a recession. Yet the economy stubbornly refuses to cooperate.

By many of the most reliable leading indicators of the U.S. economy,The Conference Board released its latest index of, dropping an additional 0.4 percent in August. That’s an acceleration of the pace of decline since July, when the index fell 0.3 percent.is a composite of ten so-called “leading indicators.” These are gauges of economic activity and sentiment that tend to move up or down several months before overall economic growth indicates an acceleration or a slowdown.

That is to say, what proportion of the indexes components are falling below 50 when a majority are in decline.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 610. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Breitbart Business Digest: The Fed Will Hold Rates Steady TomorrowThe biggest question in economics today is whether the Fed can engineer a soft landing.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Breitbart Business Digest: Powell Is in Denial About the Fed's Soft Landing ForecastThe Federal Reserve appears to expect the softest of landings next year.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Business Highlights: Fed keeps rates unchanged; homeowners face rising insurance ratesBusiness Highlights: A summary of the day’s top stories in the business world.
Source: AP - 🏆 728. / 51 Read more »

Business Highlights: Murdoch stepping down from CEO role at News Corp; S&P has worst day since MarchBusiness Highlights: A summary of the day’s top stories in the business world.
Source: AP - 🏆 728. / 51 Read more »