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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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WLI Growth Slips, Level Ticks Up


Growth in the ECRI weekly leading index dropped further into double-digit territory.

The growth rate for the week of July 23 weakened to -10.7% from -10.5% in the previous week, although the index itself increased to 121.1 from 120.6.

Growth in the June index dropped to -7.1% from 1.4% in May.
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