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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 Falls


A measure of future U.S. economic growth slipped last week as the annualized growth rate also declined, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based  independent forecasting group, said its Weekly Leading Index  edged down to 128.5 in the week ended Feb 22 from a revised 129 the previous week. It was the lowest level since early January.

The index's annualized growth rate fell to 6.8 percent from  7.5 percent a week earlier.