In Blow to Biden, Leading Economic Indicators Point to Recession 'Before Yearend'

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The Biden economic slump is coming on even faster than thought, according to the Leading Economic Index from the Conference Board.

The next recession will likely begin in the very near future, the index of leading economic indicators from the Conference Board showed Thursday.its Leading Economic Index for the U.S. fell by 0.4 percent in September 2022 to 115.9, after remaining unchanged in August. The index has declined in seven of the last nine months.

The Conference Board forecasts real GDP growth will be 1.5 percent year-over-year in 2022 and slow further in the first half of next year.

Source: Financial Digest (financialdigest.net)

 

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I'm thinking it will either be 'Putins recession' or because 'Democrats lost the midterms'.

The Ex Conservative Liz Truss Prime Minister of the UK said she came in office at a time of economic instability and was elected with a mandate for change. She offered the same supply side economic policies that the Republicans offer here and her policies only made thing worse

News Flash DementiaJoe: The recession is here.

Yet the partisan voters would rather see our country fail and live in tents rather than fix this mess and vote REPUBLICAN !!!

As long as it is after the election.

It started the minute that failure right up there got sworn in.

'But, ...but, ...but Cornpop forty bvzzzph yeah an' beezz minute too. He heh heh. Vanilla? Vanilla? Heh...'

Never thought I would miss the Jimmy Carter years in office.

We never could have avoided this after 2 years of pandemic. But yea....Biden is allllllll responsible for it, including Trump's crash.

Bidenomics = Great Depression II

The Biden administration works for Satan literally!

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