Loading ...Recession Looming with Unemployment So Low?
How could a recession be on the horizon with the U.S. unemployment rate (3.7%) at a 50 year low?
What most people don’t realize is thatthe unemployment rate is a lagging economic indicator–and not a leading indicator like the yield curve.
As the chart to the right shows, the unemployment rate has always been near its trough when recessions start–and near their peak when recessions end.
In short, just like I don’t use laggingindicators to time real estate markets, you can’t forecast economic turning points using lagging economic indicators either
From the Campbell Real Estate. News letter
No Comments
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.