This Economic Recovery Could be the Longest in Recent Memory, Perhaps Ever

Economic Recovery The Conference Board’s Leading Economic Indicators (LEI) came in at 123.9.  April’s reading, while quite strong, is still below the prior expansion’s peak of 126.0 in March 2006. What does this imply for the incursion of the next recession?  Here is a look. Also see  Which President Wins? Looking at Some Politics Connected with Today’s American Labor Market Economic Recovery – The LEI and Recession Incursion A look at the LEI (pink line) and recessions (gray bars) follows. Typically it takes 4 years for the LEI to reach its prior expansion’s peak.  At 123.9, the LEI is still…