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Posts Tagged ‘leading economic indicators’

LEI is Telling the Tale

November 21, 2011 Leave a comment

US Leading Economic Indicators rose sharply, well more than expected in October. Why’s that important? Remember, just a few weeks ago, how recession not only seemed a foregone conclusion, but some experts even believed we were already in one? Through history, LEI generally needs to turn significantly negative in order to get a recession. That’s not where we are today.

Leading economic indicators for the US year over year % change vs. NBER recession

Graphic from Fisher Investments - Leading Economic Indicators Index - US

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