Data: U.S. Leading Economic Indicator Continues to Deteriorate, U.S. Economy Officially in Recession
BlockBeats News, December 6th, KobeissiLetter released data indicating that the leading economic indicators in the United States continue to deteriorate. The ratio of leading economic indicators to coincident economic indicators has fallen to 0.85, the lowest level since 2008. This ratio has been declining for 4 consecutive years.
The Conference Board Leading Economic Index (LEI) tracks forward-looking data, including consumer expectations, manufacturing new orders, average weekly hours, and initial jobless claims, among others. Meanwhile, the Coincident Economic Index (CEI) provides a real-time measure of current economic conditions, such as nonfarm payroll employment. Historically, whenever this ratio has experienced such a significant decline, the U.S. economy has been in a recession.
You may also like

The most important thing in Web3 primary market investment

The strategic focus of cryptocurrency in reconstructing the international monetary system and the Chinese solution

Musk Poached Aave App's Web3 Prodigy

The Petro Order is Cracking. What Comes Next for the Middle East?

ETF Fund Inflows Emerging, What's Still Missing for BTC to Fully Recover?

Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry

Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy

What will the early Hyperliquid prediction market look like?

Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware

Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle

A transaction in 7 seconds, earning tens of millions of dollars, he's seen as the "cancer of meme coins."

Bittensor Ecosystem Token SN Surges 5x in March, What's Behind Richard Heart's One-Liner?

The economy is entering a new cycle, how can the average person prepare?

Access Binance Alpha Box: Sigma.Money to Launch BNB Chain Ecosystem Yield Farming Gateway

Kimi, Chip, and Bean come together for a Crypto Hackathon: What did AI developers build on Monad?

How to Trade Crypto on Mobile Browser & Win LALIGA Tickets (2026 Guide)
Discover how AI automation, natural language trading, and mobile browser trading platforms are shaping automated trading in 2026. Join the WEEX live trading event for early access and rewards like LALIGA VIP tickets.

Connecting encryption, TradFi, and payments, is Gate completing the final puzzle of the "super APP"?

