Forecasting a Recession Is Hard. Here Are Some Numbers to Watch

Economists have more tools and data than ever for figuring out just when a recession might be around the corner — and yet, predicting a downturn is harder than ever. While recent interest-rate increases by the US Federal Reserve are widely anticipated to cause a contraction this year, the usual indicators are painting a very mixed picture. Today, we take a look at the gauges forecasters are watching to determine where we’re headed.