(CercleFinance.com) – The index of American leading indicators continued to decline in December, confirming the feeling that the American economy is currently going through a moment of weakness.
This barometer of the evolution of economic activity – published by the Conference Board, an organization close to employers – fell by 0.1% to 103.1 last month.
The decline in the November index was maintained at 0.5%.
Economists on average forecast a more pronounced drop, of around 0.3%, for the month of December
According to Justyna Zabinska-La Monica, economist at the Conference Board, these figures continue to raise the risk of a next recession in the United States.
“We expect GDP growth to turn negative in the second and third quarters of 2024, before it recovers at the end of the year,” she predicts.
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