U.S. Economy Mired in Sluggish Growth, According to Decision Analyst’s Economic Index
Thursday, June 16, 2016
Posted by: Matthew Craig
Arlington, Texas—The Decision Analyst U.S. Economic Index registered 110 in May 2016, a 1-point increase from April 2016 and a 1-point increase from May a year ago. The relatively flat trend of the U.S. Economic Index signals that the U.S. economy is likely to remain flat and locked in a pattern of very slow economic growth. The risk of a recession is rising, because any significant shock to the U.S. economy would tip the U.S. into recession. The Economic Index tends to lead U.S. economic activity by 6 to 12 months. Below is the past-10-year history of the U.S. Economic Index.