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 Slips


Growth in a weekly leading index designed to forecast U.S. economic activity remains positive in early 2014, and the monthly rate more than doubled.

According to the Economic Cycle Research Institute, its weekly leading index grew 4.2% in the week ended Jan. 31, from 4.3% in the previous week.

The index itself fell to 133.2 from 133.7.

"Occasionally the WLI level and growth rate can move in different directions, because the latter is derived from a four-week moving average," ECRI said.

The January ECRI index growth rate jumped to 4.0% from 1.9% in December.

VIEW THIS ARTICLE ON WALL STREET JOURNAL

Related News & Events

US Future Inflation Gauge Ticks Up

Bond Buyer February 7, 2014

"The USFIG stands well below its earlier highs, and is still close to October's 22-month low," ECRI said in a release, "Thus, underlying inflation pressures remain restrained." More

 

Inflationary pressures easing in euro zone

Reuters February 7, 2014

Inflationary pressures in the euro zone remain in a downtrend, likely adding to fears about deflation in the 18-nation bloc. More