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A Framework That Provides Clarity

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.

News

 

U.S. Coincident Index Growth Rate at 24-Month Low


The U.S. Coincident Index (USCI) remained at 169.8 in December. Year-over-year (yoy) growth in ECRI’s USCI, a broad measure of economic activity that includes GDP, employment, income and sales, has fallen to 2.2%, a 24-month low.

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.

To put the state of the economy in perspective click here to watch Lakshman Achuthan in a recent interview on Reuters.

Related News & Events

Fresh Data: Cheap Labor

ECRI January 14, 2016

The employment/population ratio – which, unlike the jobless rate, is consistent with stagnant wage growth – may also be overstating job market health. More

 

Interview on Latest Jobs Report

Reuters January 8, 2016

A closer look at the details of today's jobs report reveals why concerns remain about the health of the labor market. More

 

Updated: Multiple Jobholders Boost “Full-time” Employment

ECRI January 8, 2016

The rising ranks of multiple jobholders are driving job gains. More

 

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