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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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Weekly Leading Index Rises


ECRI’s U.S. Weekly Leading Index (WLI) rose to 148.9 from 147.8, while WLI growth edged down to 3.2% from 3.5%.       



For more on the cyclical outlook, please see below for other forward-looking ECRI data shared publicly:

- read our Levy Economics Institute Minsky Conference presentation "The Risk of Mistaking Cyclical for Structural"

- watch ECRI's Lakshman Achuthan's latest CNBC interview

- read ECRI's Op-Ed "Global Economy's Wile E. Coyote Moment"

For a closer look at the WLI’s performance, please see the chart below:    



Click here to review ECRI’s track record, including client report excerpts.

For more information on ECRI professional services please contact us.

Related News & Events

Interview: Deglobalization and the Fed

Bloomberg April 26, 2018

ECRI’s Achuthan on a structural retreat of globalization, trade and the Fed. More

 

Are We Really "Normalizing?"

Levy Economics Institute April 20, 2018

The danger of confusing cyclical with structural: see slide deck with notes. More

 

The Dog that Didn’t Bark

CNBC April 9, 2018

Unemployment is flat, yet it should be falling if the economy is as strong as most assume. More

 

Global Economy's Wile E. Coyote Moment

Bloomberg March 9, 2018

Groupthink on synchronized global growth upturn in danger of being blindsided by cyclical downturn getting underway. More