New unemployment data is out and I thought I'd update the "recession detection algorithm"; it's still saying that we should expect a recession by early 2019 (now February 2019 rather than January 2019 per the previous update) unless the unemployment rate continues to fall towards 3.8%.
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Recession detection algorithm: update
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New unemployment data is out and I thought I'd update the "recession detection algorithm"; it's still saying that we should expect a recession by early 2019 (now February 2019 rather than January 2019 per the previous update) unless the unemployment rate continues to fall towards 3.8%.