Leading U.S. Economic Indicator Falls for 10th Straight Month, Suggests Looming Recession

A key indicator that gauges the health of the American economy fell for the tenth straight month in December, exceeding forecasts and suggesting a potential recession in the months ahead.
The Conference Board Leading Economic Index (LEI) for the United States declined by 1 percent, to 110.5 in December, following a 1.1 percent decrease in November, according to a press release o …