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BCA Research highlighted a potential signal for an impending US recession based on historical patterns of unemployment rates.
According to their analysis, the 3-month moving average of the unemployment rate has risen to 3.87% from a low of 3.5% earlier in 2023, marking a concerning trend.
The recent uptick in April from 3.8% to 3.9% has triggered what BCA refers to as a recession signal, also ticking a box in their Equity Downgrade Checklist.
BCA's report also notes that small- and medium-siz...
>>> Read more: Warning: This recession signal if flashing red
According to their analysis, the 3-month moving average of the unemployment rate has risen to 3.87% from a low of 3.5% earlier in 2023, marking a concerning trend.
The recent uptick in April from 3.8% to 3.9% has triggered what BCA refers to as a recession signal, also ticking a box in their Equity Downgrade Checklist.
BCA's report also notes that small- and medium-siz...
>>> Read more: Warning: This recession signal if flashing red
