Welcome to the FIA News & Insights, a one-stop resource that includes insights from senior investment professionals on timely market events, their views on the economy and their respective markets. Find updates on the latest media information on Frost Investment Advisors, LLC and the most recent reprints, as well as, archival information for your reference.
Leading Indicators Reinforce Recession Fears
Evidence is mounting that the economy is heading toward recession. The November Conference Board report of the Leading Economic Index, an aggregate of many of the most reliable leading economic indicators, decreased by 0.8 percentage points in October to 114.9, the eighth consecutive month of decline. The index is now down over the last six months and also down on a year-over-year basis, two measurements that are reliable recession indicators.
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