Housing is providing another in a line of troubling signs pointing to an economic downturn

Jeff Cox of CNBC –

  • Declining home sales are “consistent with the possibility of a late 2019 or early 2020 recession,” St. Louis Fed economist William Emmons said in a report.
  • The analysis overlays home sales over 12- and 36-month periods to look at trends that have held up during the previous three recessions.
  • Emmons said a recession, if it hits, would be “much less severe” than during the Great Recession that exploded in 2008.

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About Radnor Reports

Ken Feltman is past-president of the International Association of Political Consultants and the American League of Lobbyists. He is retired chairman of Radnor Inc., an international political consulting and government relations firm in Washington, D.C. Know as a coalition builder, he has participated in election campaigns and legislative efforts in the United States and several other countries.
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