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Soft Landing (EP.269)

Animal Spirits Podcast

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Dollas Fed

In the dallas fed podever, i think we're in a recession right now. In aa mofun, youave take the al o oron with that. There's a few pieces of data. The dols fed put together some charts showing non farm payroll employment as well as industrial production. And they back to every recession from 19 forty eight to two thousand eight. They also put together a composite index of recession or so what's in here as measure? We've got non farm pay role, industrial production, real consumption, real personal income minus transfers. I don'tknow what the minus transfers are, h were just ont to skip over that, pretend doesn't exist

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