The Money Anxiety Index Could Help Predict the Next Downturn

After the great recession economic researcher, Dr. Dan Geller, created the Money Anxiety Index to measure consumer spending and savings habits; he wanted to see whether certain consumer behaviors could be early indicators of a slowdown or recession; after analyzing 50 years of data Geller was also able to link upticks in the index to economic downturns about 12 months in advance; the index hit an its lowest point in November 2018 and is starting to rise again indicating that another downturn is approaching. Source.