Things are going to get worse before they get better.
Follow me on Mastodon: https://mstdn.social/@Nigel_Purchase
Tuesday, January 1, 2019
Fed surveys point to imminent US slowdown
The average of regional Fed surveys gives quite a good guide to shifts in the US growth rate. The most recent data (for December) suggest an imminent slowdown. The surveys appear to lead the economy by 1 quarter (prolly because they are diffusion indices).
Things are going to get worse before they get better.
Things are going to get worse before they get better.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment