The latest batch of data is largely negative, and our leading indexes are still signaling recession. The housing market remains a drag on the economy. Despite recent decreases, home prices remain exceptionally, and perhaps unsustainably, high relative to rental values. For a more in-depth analysis, please see the latest issue of Research Reports. AIER's Percentage of Leading Indicators Expanding: 33 Percent  AIER's Cyclical Score: 45 
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