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.

Related News & Events

Eurozone Inflation Pressures at 25-Month Low in April

Reuters June 1, 2012

Price pressures in the euro zone fell to a 25-month low in April. More


Revoking Recession: 48th Time's the Charm?

ECRI May 9, 2012

Has personal income growth ever remained this low for three months without the economy going into recession? More


Rising GDP Doesn't Rule Out Recession

CNN May 11, 2012

Yes, U.S. GDP is still rising, according to the latest reports. But that doesn't mean we've dodged a new recession. More



ECRI June 4, 2012

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