1. Industrial production has now declined for nine months in a row. We have never seen this happen outside of a recession in all of U.S. history.
2. U.S. commercial bankruptcies have risen on a year over year basis for seven months in a row and are now up 51 percent since September.
3. The delinquency rate on commercial and industrial loans has been rising since January 2015.
4. Total business sales in the United States have been steadily dropping since the middle of 2014. No, I did not say 2015. Total business sales have been in decline for nearly two years now, and we just found out that they dropped again…
Total business sales in the US did in April what they’ve been doing since July 2014: they dropped: -2.9% from a year ago, to $1.28 trillion (not adjusted for seasonal differences and price changes), the Censuses Bureau reported on Tuesday. That’s where sales had been in April 2013!
5. U.S. factory orders have been dropping for 18 months in a row.
6. The Cass Shipping Index has been falling on a year over year basis for 14 consecutive months.
7. U.S. coal production has dropped to the lowest level in 35 years.
8. Goldman Sachs has its own internal tracker of the U.S. economy, and it has fallen to the lowest level since the last recession.
9. JPMorgan’s “recession indicators” have risen
10. Federal tax receipts and state tax receipts usually both starting to fall.
11. The Federal Reserve’s Labor Market Conditions Index has been falling for five months in a row.
12. The employment numbers that the government released for last month worst in six years.
13. According to Challenger, Gray & Christmas, layoff announcements at major firms are running 24 percent higher
14. Online job postings on the business networking site LinkedIn have been declining
15. The number of temporary workers in the United States peaked and started falling precipitously before the recession of 2001 & 2008 recessions & Today.
