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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 Rises


A measure of future U.S. economic growth rose in the latest week, as did the growth rate 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 rose to 122.5 in the week ended December 2 from a revised 120.8 the previous week. It was originally reported at 120.9.

The index's annualized growth rate rose to minus 7.6 percent from minus 7.8 percent a week earlier.

Related News & Events

Recession Update

Bloomberg December 8, 2011

ECRI's Lakshman Achuthan discusses ECRI's recessionary outlook, Gross Domestic Income, and how economic growth doesn't really "muddle along" at sustained low rates. More

 

Recession Call Intact

CNBC November 7, 2011

Lakshman Achuthan joined CNBC to discuss ECRI's recession call announced on Sep. 30, and explained that over the past century most recessions began during quarters with positive GDP growth. More