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What do you think will be the "canary in the coal mine" for a recession?

Posted on 10/23/23 at 2:30 pm
Posted by sidewalkside
rent free in yo head
Member since Sep 2021
2447 posts
Posted on 10/23/23 at 2:30 pm
What specific indicator do you think will foretell a real recession?
Posted by billjamin
Houston
Member since Jun 2019
13958 posts
Posted on 10/23/23 at 2:32 pm to
I like to use the automotive testicle industry as a leading indicator.
Posted by Tantal
Member since Sep 2012
16005 posts
Posted on 10/23/23 at 2:32 pm to
The price of a beej drops to under $40.
Posted by ThatTahoeOverThere
Member since Nov 2021
3935 posts
Posted on 10/23/23 at 2:32 pm to
bank mergers and big oil mergers.....oh wait
This post was edited on 10/23/23 at 2:33 pm
Posted by athenslife101
Member since Feb 2013
19288 posts
Posted on 10/23/23 at 2:32 pm to
Consumer purchasing is the key indicator….
Posted by Chad504boy
4 posts
Member since Feb 2005
170216 posts
Posted on 10/23/23 at 2:33 pm to
when trump becomes potus, they will stop propping up the fake arse economy.
Posted by Death Before Disco
Member since Dec 2009
6291 posts
Posted on 10/23/23 at 2:35 pm to
When they change the definition of what a “recession” is.
Posted by DabosDynasty
Member since Apr 2017
5180 posts
Posted on 10/23/23 at 2:36 pm to
Posted by Shexter
Prairieville
Member since Feb 2014
15289 posts
Posted on 10/23/23 at 2:36 pm to

Banks and car dealerships close up and move across town.
Wait, that's the canary for white flight.
Posted by WB Davis
Member since May 2018
2327 posts
Posted on 10/23/23 at 2:37 pm to
When the OT has fewer than 3 new threads per day to complain about food prices
Posted by Bunk Moreland
Member since Dec 2010
57833 posts
Posted on 10/23/23 at 2:38 pm to

Posted by AwgustaDawg
CSRA
Member since Jan 2023
9394 posts
Posted on 10/23/23 at 2:38 pm to
quote:

What specific indicator do you think will foretell a real recession?


The same as always. Layoffs beyond normal seasonal layoffs in the industrial construction trades. Leading indicator of every recession in US history and a leading indicator of the end of recessions. Given that there is still historic demand for skilled tradesmen across the country I would posit that it ain't happening anytime soon. Slow down yes, recession not so much...
Posted by jizzle6609
Houston
Member since Jul 2009
7250 posts
Posted on 10/23/23 at 2:38 pm to
quote:

What specific indicator do you think will foretell a real recession?


If the Casinos arent profitable.
Posted by El Segundo Guy
SE OK
Member since Aug 2014
9999 posts
Posted on 10/23/23 at 2:38 pm to
If my blue collar nephew-in-law with zero education but a solid work ethic can't make ends meet.

Right now he's making over $100k a year working his butt off supporting his family with 9th grade education.
This post was edited on 10/23/23 at 3:19 pm
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
64898 posts
Posted on 10/23/23 at 2:38 pm to
They will piss on your face and tell you it's raining until there is a political adversary to blame for the piss.
Posted by Scooba
Member since Jun 2013
19999 posts
Posted on 10/23/23 at 2:39 pm to
As long as there's a full parking lot at the Lion's Den

Posted by TxWadingFool
Middle Coast
Member since Sep 2014
4695 posts
Posted on 10/23/23 at 2:41 pm to
When ever they can blame a republican.
Posted by LSURussian
Member since Feb 2005
128588 posts
Posted on 10/23/23 at 2:44 pm to
quote:

What do you think will be the "canary in the coal mine" for a recession?
When there develops a surplus of cargo shipping containers sitting empty at ports.
Posted by FreddieMac
Baton Rouge
Member since Jun 2010
23705 posts
Posted on 10/23/23 at 2:47 pm to
when they change the definition of recession, then you will know we are in one.
Posted by AlumneyeJ93
Member since Apr 2022
740 posts
Posted on 10/23/23 at 2:48 pm to
When the flow of freight slows, an economic slow down usually follows. I think upwards of 90% of stuff moves via ocean freight and then that filters down to trains and trucking.

Disclaimer, the economy has expanded many times even though freight recession was ongoing. So, who the hell knows.
This post was edited on 10/23/23 at 2:52 pm
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