Bidenomics fail: Leading Economic Indicators fall more than expected | Eastern North Carolina Now

decline led by fall in manufacturing and housing constuction

ENCNow

U.S. Leading economic indicators, the measure of where the economy is heading, fell by half a percenage point, a decline greater than expected by the Conference Board, a century old non-partisan organization that has compiled the Leading Economic Indicators for decades.   Declines in manufacturing and housing construction led the LEI downward.  Leading Economic Indicators have hit an eight year low.

https://www.breitbart.com/economy/2024/10/21/leading-economic-index-declines-driven-by-manufacturing-and-housing-weakness/

https://www.zerohedge.com/markets/bonds-bitcoin-dump-dollar-crude-jump-leading-economic-index-hits-8-year-lows

This is what Bidenomics does to our economy, and Kamalonomics is Bidenonmics on steroids to push us even lower.  Trump, on the other hand, has a proven record of getting our economy moving.

Early in the Biden-Harris administration, the end of the Covid panic led to an economic boom, but as the administration's own policies went into effect, that reversed and the economy under Biden and Harris has now fallen even below the lowest point of the Covid era.

 


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( October 22nd, 2024 @ 8:04 pm )
 
Kamala Harris' economic ideas are nuttier than Biden and would wreck our economy as she imposes ideological constraints on our country's job creators. Her mother and father are both extreme socialists and this apple has not fallen far from the tree.



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