Trusts & Estates: September 2025 Digital Edition

Published on August 29, 2025

Features on Estate Planning & Taxation, The Modern Practice and Family Businesses

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Two Measures of Consumer Attitudes: August 2025

August 29, 2025
What are consumers thinking about the economy? Their collective mood offers crucial clues for businesses, investors, and policymakers alike. Two prominent monthly surveys, the University of Michigan Consumer Sentiment Index (MCSI) and the Conference Board Consumer Confidence Index (CCI), aim to capture this vital pulse. In August, these gauges sent similar signals with consumer attitudes worsening

The Big Four Recession Indicators

August 29, 2025
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. There is, however, a general belief that there are four big indicators that the committee weighs heavily in their cycle identification process.