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Consumer consideration about the present situation, especially, is weak, and contributes to the recession picture being outlined by unemployment data, as well.
Claims have been at or above the one-year average for almost three months now. This news, combined with declining industrial production and declining consumer confidence, describes an economy on the cusp of a recession.
These 10 factors, when combined, point to a resilient economy not on the verge of recession.
Need a fast update on the economy? This handy reference outlines the 10 most common and important indicators, how they are generated, and why they matterwith direct links to the sponsoring agency.
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