Can Contractors Smell a Recession Before Economists?

Can contractors smell a recession before economists?

A new survey suggests slower construction could be a major indicator of a pending recession. The study of 250 American general contractors and subcontractors found 73% can tell what the larger economic climate will be based on the speed of…

How economists (and TikTok) know if a recession is coming : Planet Money

Lately we've noticed that something we think about all the time here at Planet Money is having a viral moment: recession indicators!From the more practical (like sales for lipstick going up and men's underwear going down) to the absurd and nonsensical (like babysitter buns coming back into style?) — people are posting to social media every little sign they see that a recession is coming. And we LOVE it. Because between the trade war and the tari…

Although Mexico faces a complicated economic environment, it is still very adventurous to say that, with the data currently observed, we are in a recession, warned Rodrigo Mariscal, chief economist of the Ministry of Finance.He explained that in order to determine a recession, it is not enough to fall a month or a quarter, but there has to be a prolonged fall in economic activity.In addition, he added, the economic contraction must be deep and w…

Mexico City.- Mexico is not in economic recession and even the indicators show a lower risk in case of presenting, said Rodrigo Mariscal Paredes, head of the Economic Planning Unit and Economist Chief of the Ministry of Finance and Public Credit (SHCP). "It is still very risky to say that with the data observed now, we are currently in a recession," the official said in his participation in the Latin American Cities Conferences. He pointed out t…

Although he has maintained that the Mexican economy is not in recession, the Ministry of Finance and Public Credit of the Government of Mexico considers that families have enough savings to face it Mexican households have enough savings to face a recession, in case it happens, considered Rodrigo Mariscal Paredes, head of the Economic Planning Unit of the Ministry of Finance and Public Credit.During his participation in an event held by Council o…

Is there a possibility of a recession in Mexico?The Ministry of Finance rules out that the country's economy will reach that point, because it stressed that Mexican families can avoid it.At least so said Rodrigo Mariscal Paredes, the head of the Economic Planning Unit of the Ministry of Finance and Public Credit (SHCP), who stressed that there is no such risk.But, what are the reasons that are linked to the Mexican families for which the officia…