The US economy is currently displaying conflicting signals regarding the timing of the next recession. Various economic indicators are painting a complex picture, with some suggesting an early cycle of expansion while others hint at a late-cycle scenario with a recession looming ahead.
One indicator, the Leading Economic Index, has recently shown signs of bottoming out after a prolonged decline, indicating that the economy might be in the initial stages of an expansionary phase. Additionally, indicators measuring manufacturing activity have been on the rise, pointing towards a potentially extended period of economic growth.