Housing - U.S. Construction Spending and Recessions
Historically, when the three month moving average turned negative, a U.S. recession occurred within a 12-month period, 7 times out of 9.
Image: Pictet Asset Management
Historically, when the three month moving average turned negative, a U.S. recession occurred within a 12-month period, 7 times out of 9.
Image: Pictet Asset Management