The Year of the Recession that Didn ’t Come: Our Drunken Sailors Partied & Spent, GDP Jumped

All major categories of spending and investment pulled in the right direction. The year 2023 was supposed to be the year of the recession. It was the most anticipated recession ever, the most hoped-for recession. Starting in 2022 with the initial rate hikes, the “Leading Economic Index” predicted…#leadingeconomicindex #lei #drunkensailors #q4 #q3 #socialsecurity

Source: Reuters: Health - January 25, 2024 Category: Consumer Health News Source Type: news