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US Economy Shows Signs of Recession as Key Indicators Decline
US Economy Shows Signs of Recession as Key Indicators Decline
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BTCCSquare news:
The US economy is flashing warning signs of an impending recession, according to the latest data from the Conference Board Leading Economic Index (LEI). The index fell 0.1% in May, marking its sixth consecutive monthly decline. Over the past 39 months, the LEI has dropped in 37, signaling sustained economic deterioration.
Annualized declines of 5% and a cumulative 16% drop—the lowest level in nearly a decade—paint a grim picture. While surface-level metrics appear stable, underlying weakness in industrial activity and trade suggests the economy is entering a phase of decay. "Leading indicators don’t lie," observes one market strategist. "When they point down this consistently, recession isn’t far behind."
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