Leading Economic Index Declines Further, Signaling Potential Recession Ahead
The Conference Board’s Leading Economic Index (LEI) dropped by 0.6% in the past month, which was a larger decline than the expected 0.4%. This index has now decreased in 28 of the last 29 months, marking the longest losing streak since the 2008 Financial Crisis. The LEI has fallen 15.3% from its highest point and … Continue reading Leading Economic Index Declines Further, Signaling Potential Recession Ahead
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