Economic Insights – December 2018
Moderately strong U.S. economic growth continues as we near the end of the fourth quarter, despite the sagging global economy.
The Conference Board Leading index report rose 0.1 percent to 112.1 in October, another record high. That follows a revised 0.6 percent increase to 112.0 in September.
In the past fifty-years, the Leading Index has peaked and begun to decline a median of 10 months before each recession. So, it’s safe to say, a gen.....