Warning Signs of Economic Downturn: The Role of Consumer Confidence

Economists and officials therefore the financial media continue to downplay the plunge in US consumer confidence, repeatedly referring to it as a "vibe-cession" that doesn't fit with the current data or modeled forecasts. History, common sense, and even econometric math isn't on their, or the data's, side. All of those say unemployment is about to surge.

Eurodollar University's Money & Macro Analysis

Washington Post Why We're Gloomier Than The Economy
https://www.washingtonpost.com/wp-dyn/content/article/2008/06/17/AR2008061702463_pf.html

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