Recession Indicators, Pt 1 : Planet Money Are we heading into a recession? The Conference Board's Leading Indicator has ten ways to tell.

Recession Indicators, Pt 1

We've been pulling out of a recession for so long now that a lot of people are wondering whether we're on the brink of going back in.

There's no easy way to tell, but there's an Indicator the Conference Board uses, called the Leading Economic Index. It's kind of like the dashboard on a car, with ten dials and gauges flickering away that the Conference Board economists use to tell how the economy is doing overall, and whether we're running into trouble (it is the dismal science, after all).

Today on the Indicator, we introduce you to America's economic dashboard, with the help of Ataman Ozyildirim, Director of business cycles and growth research at the Conference Board.