New Economic Indicator Points to 40% Recession Risk in the U.S.

Tuesday, 13 August 2024, 11:00

A team of California-based economists has developed a new recession indicator that claims to identify economic downturns more quickly and reliably than existing methods, such as the Sahm rule. This indicator projects a 40% chance of the U.S. economy entering a recession in the near future. Investors and analysts are encouraged to consider this new data when forming their economic outlooks and strategies for 2023.

MarketWatch — New Economic Indicator Points to 40% Recession Risk in the U.S.

Overview of the New Economic Indicator

The new recession indicator, developed by California-based economists, offers a more timely assessment of economic trends.

Key Insights

40% chance of recession risk detected.
Competes with the Sahm rule.
Aims to provide reliable predictions for economic downturns.

This innovative approach to monitoring economic stability is vital for investors and analysts aiming to navigate potential risks in the market. As we move further into 2023, staying informed about such indicators is crucial for strategic decision-making.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Overview of the New Economic Indicator

Key Insights

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