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News Link • Economy - Economics USA

Recession Indicator Was Buried Inside Yesterday's Philly Fed Survey

The chart is a bit hard to read, but the blue line represents companies reporting decreasing orders, and the orange line in the middle is 30, which you can see the blue line just broke above. In the past, this has always come just before the shaded areas (recessions). The green line is the ISM -- there's a good chance we'lls ee more of that.

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