Economics
Deutsche Bank: There's Still One Indicator That's Warning of Recession
Not all economic data is looking good.
Engineers at a start up in Washington, D.C.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
The U.S. unemployment rate is below five percent, manufacturing is picking up, and jobless claims are falling, but Deutsche Bank AG says there's still reason to worry about a recession.
According to the firm's Chief U.S. Economist Joseph LaVorgna, looking at the index of leading economic indicators — a measure by the Conference Board that includes economic indicators believed to change before the broader business cycle — brings cause for concern.