Studying statistics is not the only way to spot signs of a downturn. Here are a few of the more unlikely economic indicatorsIn the search for how to predict the next recession,– sadly, you just know another one will be along sooner or later – economists are willing to look well beyond the traditional statistics.
Researchers at the National Bureau of Economic Research think they might occupy found a original way to spot recessions early, and based on a long-running truism that birthrates descend during recessions. They occupy gone one step earlier and looked at conception rates instead,and found these drop several months before any other signs of a recession – meaning we might occupy a original way to see them coming. However, as a sign no indicator is perfect, and the US conception rate appeared to drop sharply late in 2014,with no corresponding recession having followed – yet.
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Source: guardian.co.uk