U.S. Economy
Is Recession Off The Table?
The Conference Board's Leading Economic Index no longer signals a coming recession for the U.S. economy for the first time since the summer of 2022 even as the index declined in January for the 23rd month in a row, the business research group said on Tuesday. The index, meant to be a gauge of future economic activity, fell 0.4% in January to 102.7, the lowest level since April 2020 when the U.S. was in a brief recession after the onset of the COVID-19 pandemic and related shutdowns.