Weekly Leading Index Increases
Click here to freely download ECRI WLI data, including the full history of its level and growth rate.
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ECRI’s U.S. Weekly Leading Index (WLI) increased to 125.7, as the growth rate rose further to -25.1%.
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:
The divergence between stocks and sentiment reflects two different vantage points within a business cycle. More from @paulvigna via @WSJ here: https://t.co/CyQKoCJZZ0 pic.twitter.com/y00kfuugvv
— Lakshman Achuthan (@businesscycle) May 27, 2020
For now inflation is dead. We'll be watching our weekly and monthly future inflation gauges to tell us when it will start coming back to life. https://t.co/FbkDW2SMLm pic.twitter.com/IHnzfOvs1O
— Lakshman Achuthan (@businesscycle) May 22, 2020
Yes, Japan is in recession, and it has been for eight months. ECRI predicted it in early Sept. 2019. Worse, our leading indexes see no upturn on the horizon. https://t.co/S2q3m1rDZR
— Lakshman Achuthan (@businesscycle) May 18, 2020
For a quick glance at the WLI’s performance, please see the chart below.
Review ECRI’s real-time track record.
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