So are the indicators wrong, or have we just not waited long enough?
Some question the predictive powers of the The Conference Board’s Leading Economic Index, a past predictor of recessions.
The manufacturing sector is shrinking, according to a report. But that doesn’t account for people’s spending or the tight labor market.
Behavioral economist Sendhil Mullainathan discusses how data from your online searches can help not just advertisers, but also economists in researching the state of the economy.
