Key indicators are indeed trending in “pre-recessionary” fashion. Among them is the ISM New Orders Index, which dipped into contraction territory in June while inventories increased. Others are the JOLTS that shows a strong (but weakening) labor market, and unemployment claims—which have ticked up.
Jul
08
2022
Looking “Bustier?”
tags
Recession Indicators ISM New Orders Index Unemployment Yield Curve Boom/Bust Indicator Yield SpreadLogin
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