The index has dropped 28 out of the last 29 months, marking the longest streak of declines since the 2008 financial crisis.

The decline from the peak now stands at 15.3%, nearing levels seen during the recessions of the 1970s and 1980s.

In the past, every time the index showed such a drop, the U.S. economy entered a recession.

Is a recession looming in the U.S. economy?

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