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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 a nine-week high while the annualized growth rate also gained, a research group said on Wednesday.

The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index stood at 132.5 in the week ended Nov. 22, up from 132.1 the prior week. That figure was originally reported as 132.2.

The index's annualized growth rate was 2.7 percent, the highest since mid-October, up from 2.4 percent the previous week.