Posted on 04/21/2023 4:40:24 PM PDT by CFW
A leading economic indicator fell to its lowest level in 28 months, as signs point to a recession later this year.
The latest Conference Board Leading Economic Index (LEI) report, published on April 20, fell 1.2 percent in March, for the twelfth month in a row, higher than The Wall Street Journal’s estimate of a 0.7 percent drop.
The downturn marked its largest single-month decline since April 2020, when the pandemic and the resulting lockdowns slammed the American economy.
“The U.S. LEI fell to its lowest level since November of 2020, consistent with worsening economic conditions ahead,” said Justyna Zabinska-La Monica, senior manager, Business Cycle Indicators, at The Conference Board.
The LEI tumbled 4.5 percent over the six-month period between September 2022 and March 2023, a more rapid drop over the 3.5 percent from the previous six-month period.
(Excerpt) Read more at theepochtimes.com ...
Stolen elections have consequences.
If this doesn’t happen then the Dems will triumphantly float to victory riding on a magic carpet held aloft by fools voting for the good times to go on.
People have to suffer next year and be in a state of misery or our system of government will collapse under the Chinese Communist Soros Democrat system.
It means nothing to the vegetable the Communists illegally planted in the White House.
Correct you are. Regardless of the GOP nominee, it will take a severe economic downturn in 2024 to dislodge the Democrats from the White House.
.
Most will be begging for Trump by 2024!
Nice job democrats.
But but but Joe says he has built a very strong economy ... tell them to recalculate their numbers ... Bwhahahahahaha
Since taking office, Biden has spent 328 days — 40% of his presidency — on vacation......So he gets back from a weeks vacation in Ireland, calls a lid on Monday another day off, 3 1/2 days on the job this week and…….. off on vacation again...And has no actual Press Conferences
My father & uncle suffered from dementia, and I can see all the signs in Sock Puppet. He can’t put five words together coherently, even with the giant teleprompter in front of his face. As in 2020, Biden’s handlers will keep him under wraps for 2024. It’s their only chance.
When you’ve had family members with cognitive issues it’s easy to see the progression in Biden. But worse is his wife, family. and Dems continuing to put him out there - that’s elder abuse.
Agree wholeheartedly, especially as regards Potted Plant's alleged wife. She's the worst of the bunch to expose him to ridicule, even though he deserves it. She's hungrier for money and power than anyone else in the Biden Crime Family.
Why do you care about elder abuse of Joey? Personally I will ENJOY seeing elderly Joey abused daily and for the rest of his miserable, perverted, sexually deviant, pedophile life.
FJB and his entire administration.
I heard that if you say recession 3 times you will be transported to soviet russia.
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