Updating this chart after the new releases. Consumption and manufacturing and trade industries sales fell in December/November respectively. Personal income however continued to increase.
No signs of a recession at present. Employment is still good. 5 of the 6 indicators are above their January 2022 anchors. Albeit we are seeing industrial production, consumption, and manufacturing and trade sales easing.
Q4 GDP came in at 2.9%. Q3 GDP was revised up to 3.2%.