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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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ECRI WLI Ticks Down


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 122.2 in the week ended July 27 from 122.7 the previous  week. That was originally reported as 122.8.

The index's annualized growth rate rose to a nine-week high of minus 1.3 percent from minus 1.7 percent a week earlier. That was originally reported as minus 1.6 percent.

Related News & Events

Eurozone price pressures at 27-mth low

Reuters August 3, 2012

ECRI FIG data show that price pressures in the euro zone fell to a 27-month low in June, easing in all four of the bloc's biggest economies. More

 

ECRI Inflation Gauge Rises

Bond Buyer August 3, 2012

U.S. inflationary pressures were slightly higher in July. More