![Significant Contraction in Leading Economic Indicators Points to Inevitable Recession Significant Contraction in Leading Economic Indicators Points to Inevitable Recession](https://mehabe.com/wp-content/uploads/2023/08/photo_2023-08-21_07-03-47-768x559.jpg)
Leading economic indicators have recently declined to such an extent that, historically, these levels have consistently preceded a recession since 1960. The current scenario does not deviate from this pattern, suggesting an imminent recession is highly likely.