Contact

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.

News

 

ECRI WLI Ticks Down


Growth in a weekly leading index designed to forecast U.S. economic activity is picking up strength after weakening throughout December.

According to the Economic Cycle Research Institute, its weekly leading index grew 4.2% in the week ended Jan. 17, after rising 3.5% in the previous week, which was up from 2.3% in the week before that.

The index itself, however, fell to 133.9 from 134.3 in the previous week. ECRI says "occasionally the WLI level and growth rate can move in different directions, because the latter is derived from a four-week moving average."

The December ECRI index growth rate slowed to 2.0% from 2.9% in November.

VIEW THIS ARTICLE ON WALL STREET JOURNAL

Related News & Events

Secular Stagnation

Fox Business News January 22, 2014

GDP growth (yoy) has been less than 2% for four straight quarters, something we’ve never seen except during or right after a recession. More

 

Cyclical & Secular Outlook

BNN January 15, 2014

ECRI's Lakshman Achuthan joined BNN to discuss the cyclical outlook. More