Weekly Leading Index Edges Up
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ECRI’s U.S. Weekly Leading Index (WLI) edges up to 147.5. The growth rate rose to 15.2%, the highest reading since February 12, 2010.
ECRI has long determined business cycle and growth rate cycle chronologies for 22 countries that can be freely accessed here.
The WLI is one of many ECRI U.S. leading indexes, including some with longer leads over cyclical turning points in economic growth.
Please see below for public statements ECRI has made about our cyclical outlook:
We know that the bears are hibernating, but trees don't grow to the sky. ECRI 2021 look ahead here: https://t.co/EWHrSnjF3r pic.twitter.com/QRqW8envDY
— Lakshman Achuthan (@businesscycle) December 31, 2020
Updates to ECRI’s 2020 track record, including mandated “short” recessions, recoveries, inflation cycle calls and some fresh slowdowns. More here: https://t.co/LQor0Klaw8 pic.twitter.com/2sw5gqfBnD
— Lakshman Achuthan (@businesscycle) December 16, 2020
For a quick glance at the WLI’s recent performance, please see the chart below.
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Review ECRI's current real-time track record.
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