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

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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.

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