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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 Unchanged


A measure of future U.S. economic growth held steady at its highest level in more than three years while the annualized growth rate hit a four-week high, 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 132.4 in the week ended Sept. 13, matching a revised 132.4 the prior week. The previous week's result was originally reported as 132.3. 

The index's annualized growth rate rose to 4.5 percent, the highest since the week ending Aug. 16. The prior week's rate was revised up to 4.3 percent from 4.1 percent.

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BBC Interview on Jobs

BBC September 6, 2013

ECRI's Lakshman Achuthan talks with the BBC to put today's jobs report in the context of larger trends. More