America is not in an official recession — not yet, anyway — but the Conference Board’s Leading Economic Index declined for the 10th consecutive month, falling in December by 1% to 110.5, according to a report released Monday by the business think tank. Economists were expecting a decline of 0.7%, according to Refinitiv. On average, the index peaks about a year ahead of a recession, according to the Conference Board. The index appears to have peaked in February 2022, the Conference Board noted.
The official arbiter of a recession is a panel of National Bureau Economic Research economists, who take an array of economic indicators into consideration before making a determination — which can sometimes occur after a downturn has already begun.
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Of course! Biden is the president what do you expect 🙄
Finally?
So weird that CNN is worried about this recession. This was the first time in a decade, my boss who owns a catering company gave all of her staff some type of bonus.
But, your wonderful messiah of a POTUS says everything is going great!
Especially that don lemon and that other nasty woman. One that looks like a man
Can’t you people do anything like tell the truth.. and here’s your douche bag
I think you all are a joke how many weeks did you report on trumps raid. But hardly cover Biden's documents problem your a bunch of leftist woke jokes. Wonder why your ratings are plummeting. Hope you all go away forever
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Here's what will happen to the economy as the debt ceiling drama deepens | CNN BusinessAfter the US hit its debt ceiling, the Treasury Department is now undertaking “extraordinary measures” to keep paying the government’s bills. So what would happen to the economy in a worst-case scenario of default? a more informative question would be 'what's more likely to happen' instead of the worse case scenario. Govt takes in close to 5T a year. How about spend 4.9T? 🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍 CNN sucks.
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