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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 Edges Up


A measure of future U.S. economic growth rose to its highest in three and a half years last week, while the annualized growth rate also rose, 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 132.9 in the week ended Sept. 20, its strongest showing since April 2010, from a revised 132.3 the previous week. Last week's figure was originally reported as 132.4.

The index's annualized growth rate accelerated to 4.9 percent from 4.5 percent a week earlier.

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Comments on Japan's Recovery

BBC September 26, 2013

ECRI's Lakshman Achuthan talks with the BBC about Prime Minister Abe's statement that Japan's economy is back on track. More