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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 Ticks Down


A measure of future U.S. economic growth slipped to a three-week low while the annualized growth rate rebounded slightly from a recent 14-month low, 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 131.0 in the week ended Nov. 1, down from a revised 131.4 the prior week. That figure was originally reported as 131.5.

The index's annualized growth rate was 1.8 percent, up from 1.7 in the previous week, when the rate hits its lowest since August 2012.

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Major Central Bank Actions in Line with ECRI

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ECRI's Lakshman Achuthan joined Bloomberg TV this morning to discuss central bank actions. More

 

Fed Policy & the Business Cycle

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