The Beat Goes On

July 7, 2023 At midyear 2023 the economists who suggest that the economy will slip into recession in the second half of the year must be feeling nervous.  The service sector of the economy rebounded in June.  The employment report for June was solid with a 209...

When Will It End?

May 19, 2023 The Conference Board’s index of leading indicators (LEI) has been falling steadily since December 2021. The index anticipates turning points in the business cycle by around 10 months.  Based on this steep slide the Conference Board forecasts a recession...