Weekly Leading Index Advances
Click here to download WLI data for free, including the full history of its level and growth rate.
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ECRI’s U.S. Weekly Leading Index (WLI) rose to 144.2, while the growth rate increased to 9.6%, a 194-week high.
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:
If you don’t appreciate that inflation is cyclical you’re going to be repeatedly blindsided, and that’s a clear and present danger today. Listen to our long form @MacroVoices podcast, starting at 22:32, here: https://t.co/oo5N7JHcB9 pic.twitter.com/wfhFOMbFwq
— Lakshman Achuthan (@businesscycle) November 13, 2020
MacroVoices @ErikSTownsend and @PatrickCeresna welcome Lakshman Achuthan @businesscycle to the show to talk about why he sees an inflation cycle on the near horizon, where we stand in the economic cycle and the outlook for markets.https://t.co/Fn6xuR66Df pic.twitter.com/bNL69WYul6
— MacroVoices Podcast (@MacroVoices) November 13, 2020
Still short of Great-Recession lows, the Covid recession jobs recovery has slowed a bit more. pic.twitter.com/4yIsVoXAuj
— Lakshman Achuthan (@businesscycle) November 6, 2020
"Lakshman Achuthan, co-founder of the Economic Cycle Research Institute, who considers leading indicators to assess where the economy is headed, said no matter who wins, the economy is unlikely to fall into a recession in the next two quarters." For more:https://t.co/1Omj4xVblU
— Lakshman Achuthan (@businesscycle) November 6, 2020
For a quick glance at the WLI’s recent performance, please see the chart below.
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