Recession Underway
Indicators used to determine official U.S. recession dates have been weakening since mid-2012.
A Framework That Provides Clarity
During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.
Indicators used to determine official U.S. recession dates have been weakening since mid-2012.
Reviewing the indicators used to officially decide U.S. recession dates, it looks like the recession began around July 2012. More
Nine months ago we knew that, sitting here today, most people probably would not realize that we are in recession – and we do believe we are in recession. More
November 21, 2012
Full Report: U.S. Cyclical Outlook