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You are given information about the following leading indicators. For each indicator, explain whether the information suggests that a recession or expansion should be expected
You are given information about the following leading indicators. For each indicator, explain whether the information suggests that a recession or expansion should be expected in the future. Don't just say "recession" or "expansion", give a reason.
1) Average initial weekly claims for unemployment insurance fall.
2) New building permits issued decline.
3) The average workweek in manufacturing declines.
4) The consumer sentiment index increases.
5) The Index of Supplier Deliveries increases.
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