Weekly Leading Index Ticks Down
ECRI’s U.S. Weekly Leading Index (WLI) ticked down while its growth rate fell.
Read why longer leads are critical.
ECRI has long determined business cycle and growth rate cycle chronologies for 22 countries that can be freely accessed here.
Please see below for public statements ECRI has made about our cyclical outlook:
Those without a high school diploma are leading the jobs recovery. pic.twitter.com/h8Yn3dbXVS
— Lakshman Achuthan (@businesscycle) August 6, 2021
The employment revival has ramped up. Compared to the Great Recession, the percent decline is now 40% less than it was 17 months after the peak. pic.twitter.com/vocqWDbemK
— Lakshman Achuthan (@businesscycle) August 6, 2021
Despite the continued optimism about reopening, "US economic growth is already starting to slow." Understand why here: https://t.co/MmTQ9ZCW1o
— Lakshman Achuthan (@businesscycle) August 4, 2021
For a quick glance at the WLI’s recent performance, please see the chart below.
The Best Way to Use the Weekly Leading Index (WLI)
Review ECRI's current real-time track record.
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