US may fall into recession in Q3 this year
Shortpedia
Content Team
Image Credit: usa today
Over the past few days, we have heard about how the probability of a recession in the US is falling. However, an index designed to understand where an economy is heading in the near term suggests otherwise. The Leading Economic Index (LEI) which tracks significant turning points in the US business cycle fell for the 15th consecutive month, suggesting the possibility of a recession.
