• Prior month -0.7%
  • leading economic indicator -0.8% versus -0.7% expected
  • the leading economic indicator index 103.9

The move to the downside is the 19th consecutive month decline, and we still haven't had a recession.

Leading index
US leading index declined for the 19th consecutive month

You have to go back to April 2007 to March 2009 to have a streak as long as this one.