Weekly Leading Index Moves Up
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ECRI’s U.S. Weekly Leading Index (WLI) moved up to 145.8. The growth rate rose further to 13.1%, a 564-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:
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
ECRI's global cyclical framework includes China. An example is our Chinese exports upturn call this summer. https://t.co/BqthHGGyrt pic.twitter.com/bLphdDzu9x
— Lakshman Achuthan (@businesscycle) December 15, 2020
Our U.S. Leading Home Price Index "has really taken off. It recently hit an all-time high.” Watch the full interview and read more here: https://t.co/2WLaie6uHy pic.twitter.com/vMvnFe12U4
— Lakshman Achuthan (@businesscycle) December 11, 2020
For a quick glance at the WLI’s recent performance, please see the chart below.
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