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U.S. Coincident Index Growth Rate Decreased

The U.S. Coincident Index is a broad measure of economic activity that includes GDP, employment, income and sales. While the USCI edged up to 170.3 in April from 169.9, its year-over-year growth has fallen to 1.9%, a 28-month low.

Over a year ago (US Essentials, January 2015) – contrary to the consensus that expected economic growth to improve even further as the year progressed – ECRI’s leading indexes foresaw a slowdown.

For more recent ECRI perspectives, please see links below:

- watch Lakshman Achuthan's interview with Tom Keene at Bloomberg TV

- read The New York Times article Growth Weighed Down by Inaction

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Growth Weighed Down by Inaction

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