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Weekly Leading Index Increases
Click here to freely download ECRI WLI data, including the full history of its level and growth rate.
On mobile, click here to go to ECRI's Reports & Indexes page, then click "Full Site."
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ECRI’s U.S. Weekly Leading Index (WLI) increased to 130.6, while the growth rate rose further to -18.5%.
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:
Highlight: “The recession is probably going to be over this summer,” Economic Cycle Research Institute Co-Founder @businesscycle says. “Technically, you begin a recovery when you start to lift off of the bottom … now as we restart we’re going to lift off of those lows.” pic.twitter.com/XijoW231by
— Yahoo Finance (@YahooFinance) June 9, 2020
Recession and (Yes) Recovery. Full interview here: https://t.co/8Bti9Laeiu pic.twitter.com/1XL67v1WLF
— Lakshman Achuthan (@businesscycle) June 9, 2020
Today's NBER statement echoes ECRI's April Three D's analysis: "the unprecedented magnitude of the decline ... and its broad reach across the entire economy, warrants the designation of this episode as a recession, even if it turns out to be briefer than earlier contractions." https://t.co/E3olFrcTej
— Lakshman Achuthan (@businesscycle) June 8, 2020
"Our leading indexes are pointing to a cyclical recovery sometime starting this summer. So we're getting some hard objective evidence that it is indeed that case." Listen to full interview here: https://t.co/LEUzAX3WDT
— Lakshman Achuthan (@businesscycle) June 5, 2020
For a quick glance at the WLI’s performance, please see the chart below.
Review ECRI’s real-time track record.
For information on ECRI professional services please contact us.
Follow @businesscycle on Twitter and ECRI on LinkedIn.