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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 Drops Again


A measure of future U.S. economic growth fell in the latest week and the growth rate weakened on an annualized basis, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index fell to 121.6 in the week ended June 1 from 122.3 the previous week.

The index's annualized growth rate fell to minus 2.0 percent from a revised minus 0.7 percent a week earlier. It was originally reported at minus 0.6 percent.

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