If you’re wondering just how healthy the current business cycle may (or may not) be, one way to gauge this is by looking at several key economic recession indicators.
When looking at the key recession indicators in the recession dashboard (which compares the current outlook to past periods of recession), the present outlook is very favourable. In fact, the recession indicators point to very limited downside risk.
Historically, at least five of the seven indicators need to be negative to have a high likelihood of recession. Currently not a single indicator is negative, as seen in the Present line in the table above.
While indicators are only a guide and can change at any time, the current Recession Dashboard appears to indicate a strong bullish economy for some time to come.
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