Monday, November 11, 2019

November leading reports point to slowdown, no recession

 - by New Deal democrat

The leading indicators reported so far this month show that, while manufacturing continues flat or even in contraction, there’s no significant indication that it has spread to other important sectors like residential construction or motor vehicle sales. And without the weakness spreading to their sectors, this looks similar to 2016, where there was a slowdown but no recession.

This article was posted last week at Seeking Alpha. As usual, clicking over and reading rewards me with a penny or two for my efforts.