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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 Slips


A measure of future U.S. economic growth weakened in the latest week to the lowest level in nearly five months, while the annualized growth rate also faltered, 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 122.4 in the week ended May 25 from 123.0 the previous week. That was originally reported as 123.1. 

It was the lowest level since early January, ECRI said. 

The index's annualized growth rate fell to minus 0.6 percent from 0.1 percent a week earlier.

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Rising GDP Doesn't Rule Out Recession

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Oslo

ECRI June 4, 2012

ECRI principals will be in Oslo to meet with professional members on June 4, 2012.