Predicting the Next Great American Economic Downturn
The traditional recession indicator is rather simple, yet broad - encompassing two consecutive quarters of negative GDP. The Inflation Tracker showcased below instead focuses on several key major hallmarks - general market ebbs and flows, the housing market, and the oil market - of an economic downturn to generate a clearer indicator in forming the 'true Consumer Price Index' (tCPI). The following value last updated Apr 20, 2024.
