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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.

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Weekly Leading Index Falls


Growth in a weekly leading index designed to forecast U.S. economic activity continues to accelerate.

According to the Economic Cycle Research Institute, its weekly leading index grew 5% in the week ended May 16, from 4.9% the prior week.

The index itself inched down to 135.1 from 136.3. The April ECRI index growth rate is 4.1% from 2.9% in March.

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