U.S. WLI Decreased
The U.S. Weekly Leading Index (WLI) decreased to 138.6 from 139.6. The growth rate edged down to 8.0% from 9.2%.
To put the economy in perspective please see links below:
- watch Lakshman Achuthan's recent interview on Reuters.
- read ECRI's "Early” and “Late” Cycle Verdicts are Baseless"
- read ECRI's "Fed Moves in Mysterious Ways"
For a closer look at recent moves in the U.S. Weekly Leading Index, see the chart below: