Starting next month, e-forecasting.com™ plans to be releasing the world’s earliest available consumer confidence for the United states.

Given the need for April data as it relates to corona virus, highlights of an internal memo on U.S. consumer confidence are released today, which visualize that e-forecasting.com™ barometer for the world's largest market consisting of $15 trillion purchases per year, falls in April for a second month in a row.

“The research findings of the early bird's consumer update envision the U.S. economy to be on a slowing down phase of its business cycle six months from now...” said Evangelos Otto Simos, professor at the University of New Hampshire and editor-in-chief of the Digest.

Combining business-cycle time-series predictive analytics, like monthly-gdp™, recession chronology, with proprietary expectational derivatives (higher order data) – which are optimally mined from Prosper's™ survey visualize today that "… the probability for an upcoming recession has risen to 99.8% in April from 34.5% in March ...", said Suwen Duan, Senior Data Scientist at MIT, VP for Artificial Intelligence (AI) at e-forecasting.com, and editor of the 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.