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recession-signals

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US Leading-to-Coincident Indicator Ratio Falls to 0.84, Matching 2008 LowNicolas Huet / Jean Gabriel Prêtre / Wikimedia (Public domain)
finance1 day agoDeveloping

US Leading-to-Coincident Indicator Ratio Falls to 0.84, Matching 2008 Low

The ratio of U.S. leading to coincident economic indicators has dropped to 0.84, a level last seen during the 2008 financial crisis. This follows a 0.6% monthly decline in the Leading Economic Index for March. The Conference Board reported the data, noting the ratio's fifth conse…

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