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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 Rises


A measure of future U.S. economic expansion pushed higher last week, while the annualized growth rate rose to its loftiest level in more than 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  increased to 127.7 in the week ended Oct. 5 from a revised 126.2 the previous week. 

The prior week's figure was originally reported as 126.3.

The index's annualized growth rate accelerated to its highest level since May 2011 at 5.7 percent, from 4.6 percent.

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