Sahm Rule and Goldman Sachs indicator signal recession since October 23, 2023, as employment outlook dims.

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As economic indicators flash warning signs, the Sahm Rule and Goldman Sachs McKelvey indicator converge to declare the onset of recession since October 23, 2023. With employment outlooks turning bleak, early business surveys hint at a downturn in both manufacturing and services sectors for April, casting a shadow over the trajectory of the economy. Amidst mounting concerns, analysts scrutinize these signals for insights into the depth and duration of the impending economic downturn.


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