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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 Growth Ticks Down


A measure of future U.S. economic growth edged higher last week, though the annualized growth rate faltered, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based  independent forecasting group, said its Weekly Leading Index rose to 129.9 in the week ended March 8 from a revised 129.5 the previous week. That was originally reported as 129.3.

The index's annualized growth rate edged down to 6.3 percent from 6.4 percent a week earlier. It was the lowest level in eight weeks. 

Related News & Events

Recession in the Yo-Yo Years

ECRI March 8, 2013

Year-over-year growth in nonfarm payroll jobs has now dropped to an 18-month low, and household job growth has dropped to a 16-month low. See images and notes on the state of the business cycle. More

 

Recession Update: Part 1 of 2

Bloomberg March 7, 2013

Lakshman Achuthan joins Bloomberg Surveillance to discuss ECRI's recent presentations in Oslo and Chicago: Recession in the Yo-Yo Years. More

 

Recession Update: Part 2 of 2

Bloomberg March 7, 2013

ECRI's Achuthan joins Bloomberg Surveillance to discuss his recent presentation: Recession in the Yo-Yo Years. More