Industrial production
Industrial production falling YoY — near-coincident.
Industrial production is one of the four coincident series NBER itself consults when dating recessions. A year-over-year decline is nearly a coincident signal — it arrives late as a warning but is highly reliable as confirmation that the slowdown is real.
Rule
{"type":"yoy","op":"<","threshold":0,"warn":2}
Glossary: Industrial production →
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