Weekly Leading Index Ticks Up
ECRI’s U.S. Weekly Leading Index (WLI) ticked up while its growth rate dropped.
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:
The revival in employment is speeding up. Compared to the Great Recession, the percent decline is now less than it was 16 months after its peak. pic.twitter.com/XVnV88hBAy
— Lakshman Achuthan (@businesscycle) July 2, 2021
ISM misses, falling to five-month low, following our long-term leading indicators. pic.twitter.com/XDfvEcxzJI
— Lakshman Achuthan (@businesscycle) July 1, 2021
Before settling into the dog days of summer, recognize that commodity inflation is cooling. https://t.co/SRRf14Pzdb pic.twitter.com/xvII03pXHf
— Lakshman Achuthan (@businesscycle) June 28, 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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