The LEI’s 3.6% six-month annualized loss through September 2006 was the largest decline not followed almost immediately by a recession. This year, the LEI contracted by 3.7% over the six months through June—if a recession is avoided in the current experience, it would be the most misleading signal in the history of the LEI as currently constructed.
Aug
05
2022
LEI On The Precipice
tags
Leading Economic Indicators Recession Indicators Real GDP LEI LEI Signal Interest Rates Fed PolicyLogin
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