e-forecasting.com’s economic Leading Analytic, eLA™, a composite barometer of seven time-series, forward-looking, and model-fused predictive analytics, rose 0.3 percent in May, following a decrease of 7.2 percent in April.

Four of the seven components – individually modeled – had a positive contribution to the aggregate U.S. leading barometer.

Combined with current economic conditions, measured by U.S. monthly-GDP ™, the economic Leading Analytic, eLA™, provides monthly predictions of the risk for future recessions. By visualizing the findings,”…the probability of an upcoming recession in the next six to nine months posted a reading of 100 percent in May…”said Evangelos Otto Simos, editor-in-chief and professor at the University of New Hampshire, in comments published today in the U.S. Leading Indicators Digest™.

About e-forecasting.com                                                                                

e-forecasting.com, a USA private, New Hampshire based, research and predictive intelligence consulting firm, provides its clients creative, science based, innovative, artificial intelligence driven, and disruptive predictive analytics for what’s next.

Logos, product and company names mentioned are the property of their respective owners.

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