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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 Growth Drops


A measure of future U.S. economic growth rose to a three-week high while the annualized growth rate slipped to the lowest level in over a year, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index stood at 131.1 in the week ended Oct. 18, down from 130.3 the prior week. That figure was originally reported as 130.4.

The index's annualized growth rate was 2.0 percent, the lowest since August 2012, down from 2.7 percent the previous week. The prior week's rate was originally reported as 2.8 percent.

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Upcoming TV Interview

Bloomberg November 4, 2013

ECRI's Lakshman Achuthan will be a Bloomberg TV guest on Monday, November 4, at 6:00 AM (ET).