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Authored by Steven Hansen

EconCurrent‘s Economic Index marginally declined with a downwardly revised September forecast and again returned to negative territory. Inflation overall remains unchanged compared to last two months – a strange situation after the Federal Reserve declared progress on curtailing inflation. Currently, we do not forecast a recession in the near term. Read on to understand the currents affecting our economic growth.

Authored by Steven Hansen

EconCurrent‘s Economic Index marginally improved over a downwardly revised September forecast and continues in negative territory. Inflation overall remains unchanged compared to last month – a strange situation after the Federal Reserve declared progress on curtailing inflation. Currently, we do not forecast a recession in the near term. Read on to understand the currents affecting our economic growth.

Written by Steven Hansen

The Federal Reserve data release (Z.1 Flow of Funds) – which provides insight into the finances of the average household – shows most Americans are worse off in the second quarter of 2024 than they were in the first quarter – and also are worse off than they were one year ago. This is notwithstanding that their average net worth increased from $152,985 one year ago to $163,797 in 2Q 2024.

Authored by Steven Hansen

EconCurrent‘s Economic Index marginally improved and is slightly in positive territory. The economy is stratified with some sectors going gangbusters, other sectors barely above recessionary levels, whilst other sectors are in recession territory. Inflation continues its snail’s pace moderation. Currently, we do not forecast a recession in the near term. Read on to understand the currents affecting our economic growth.

Authored by Steven Hansen

EconCurrent‘s Economic Index marginally declined but remained slightly in positive territory. The economy remains very stratified where some sectors are going gangbusters, other sectors are barely above recessionary levels, whilst others are in recession territory. A fourth potential major index is now likely indicating a recession is coming.  Read on to understand the currents affecting our economic growth.

Authored by Steven Hansen

EconCurrent‘s Economic Index again modestly improved and is slightly in positive territory. This does not mean the economy is going gangbusters but is continuing to plod along. There remain three major indicators that suggest a recession is coming.  Read on to understand the currents affecting our economic growth.

Authored by Steven Hansen

EconCurrent‘s Economic Index modestly improved but continues insignificantly in negative territory. We continue to forecast that a recession is not imminent. One indicator (Conference Board Leading Economic Index) is no longer signaling a recession, but there remain three other major indicators that are.  Read on to understand the currents affecting our economic growth.