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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 Declines


A measure of future U.S. economic growth slipped to a three-week low last week while the annualized growth rate also eased, 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 131.2 in the week ended Aug. 9 from a revised 131.5. The previous week's result was originally reported as 131.8.

The index's annualized growth rate slipped to 4.7 percent from a revised 4.9 percent a week earlier. The previous week's result was originally reported as 5.3 percent.

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