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.



ECRI WLI Growth Flat

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

The Economic Cycle Research Institute, a New York-based  independent forecasting group, said its Weekly Leading Index  rose to 122.5 in the week ended August 3 from 122.1 the previous  week. That was originally reported as 122.2.

The index's annualized growth rate held steady at minus 1.3 percent from a week earlier.

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