Conference Board

Key Takeaways

• Economic Indicators: The Leading Index is a predictive indicator of future economic activity. The consistent negative MoM changes and the overall downward trend suggest potential economic challenges ahead.

• Current Conditions: The actual decline in May 2024 being worse than expected suggests that current economic conditions might be deteriorating faster than forecasted.

If we are entering a recession, the stimulant (medicine) is often a lowering of interest rates.