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Reading the Economic Tea Leaves

Tasseography practitioners read tea leaves to forecast the future. Some economic data serve a similar purpose. Policymakers, central bankers, economists, and investors look at leading economic indicators to forecast where the economy may be headed. Classic leading indicators include:Consumer confidence. Consumer spending is the largest contributor to economic growth in
United States Greg Womack Sam Meredith Jeffry Bartash Federal Reserve Bank Federal Reserve

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