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During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.

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ECRI Inflation Gauge Rises


U.S. inflationary pressures were up in August, as the U.S. future inflation gauge grew to 101.9 from an unrevised July 101.2 reading, according to data released Friday morning by the Economic Cycle Research Institute.

"While rising further above March's 16-month low, the USFIG remains well below its earlier highs," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "Thus, underlying inflation pressures are still fairly subdued."

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