More & more indicators are suggesting one thing: recession.
US manufacturing production, a coincident indicator, is contracting at a 1.9% annualized pace, a level generally not seen outside of recessions. 1/2 pic.twitter.com/LmFe5y8Vfl — Eric Basmajian (@EPBResearch) February 27, 2023 This data comes from the EPB February Cyclical Trends Update …