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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

 

ECRI WLI Slips


A measure of future U.S. economic growth fell in the latest week, while the annualized growth rate rose, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based  independent forecasting group, said its Weekly Leading Index  fell to 121.9 in the week ended July 13 from 122.9 the previous  week. That was originally reported as 123.2.

The index's annualized growth rate rose to -2.3 percent from -2.7 percent a week earlier. That was originally reported as -2.2 percent.

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