Another Recession Red Flag Raised as Leading Economic Index Drops Deeper Into Negative Territory

Indications that the United States volition soon participate a recessionary play are strengthening arsenic a salient economical indicator dropped further into antagonistic territory successful September. The Conference Board’s Leading Economic Index (LEI) declined by 0.4 percent to 115.9 successful September aft remaining unchanged successful August, according to an Oct. 20 press release. During the six-month play betwixt March and September, the LEI had fallen by 2.8 perc...