Categories: Economy

Weekly Business Cycle Indicators – Data through 7/27


From the Lewis, Mertens, Stock NY Fed WEI, and the Baumeister, Leiva-Leon, Sims Economic Conditions Index:

Figure 1: WEI (blue), WECI plus 2% (tan), in %. Source: NY Fed via FRED, Baumeister et al.

For (certain to be revised) series through end-July, the recession has not yet arrived. No guarantees for August or thereafter.

For monthly indicators followed by the NBER’s Business Cycle Dating Committee, see here.



Source link

Washington Digital News

Share
Published by
Washington Digital News

Recent Posts

Amazon sunsets Freevee platform for ad-supported streaming video

Amazon is closing down Freevee, its free ad-supported video on demand service. This platform was…

42 mins ago

Spirit may be at the end of its runway as Frontier talks break down, bankruptcy looms

Beleaguered Spirit Airlines reportedly is discussing its options with creditors as Frontier Airlines abandons merger…

1 hour ago

Further Dollar Appreciation: Implications | Econbrowser

What else would one expect from expectations of expanded budget deficits, higher incipient inflation in…

4 hours ago

Bitcoin Hash Ribbons Indicator: Miners Show Unwavering Optimism as Hash Rate Hits New Highs

Bitcoin miners are sending a clear message: they're more bullish than ever. As we observe…

4 hours ago

Joshua Kushner: Why I bet $1.3 billion on OpenAI

Joshua Kushner was just 26 years old when he founded Thrive Capital in 2011. Since…

4 hours ago

Financial education for employees is good for business

Whether it’s learning about needs vs. wants in elementary school, or mastering more complex topics…

4 hours ago