Real Vision: Finance & Investing cover image

What the Hell Just Happened?

Real Vision: Finance & Investing

00:00

Residential Construction Payrolls - When Is the Recession Going to Happen?

An 8% to 10% decline in residential construction payrolls, pre-sages, every recession. That's the number one thing on your dashboard that you're looking at. Those construction layoffs generally lead overall non-farm payroll layoffs by about four months historically through the cycle. And we've seen some cracks forming there, but we haven't seen any layoffs yet.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app