This Indicator Has Accurately Called Every U.S. Recession Since 1960. Here's What It's Saying Now.
You can find so-called recession indicators all over the place. Some people might even be experiencing indicator overload.
One recession indicator that hasn't been wrong in 56 years suggests that a recession is on the way. Another indicator that has been foolproof for 70 years agrees. On the other hand, the seven top indicators used by the organization that actually declares a recession -- the National Bureau of Economic Research -- aren't so definitive.
Allow me, though, to add one more to the mix. There's one indicator that has accurately called every recession since 1960. Here's what it's saying now.
Source Fool.com
