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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 Ticks Up


A measure of future U.S. economic growth edged up last week to hold a seven-month high, while the annualized growth rate also improved, 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 125.7 in the week ended March 16 from a downwardly revised 125.0 the previous week. That was originally reported as 125.1. 

Last week's reading was the highest level since early August.   

The index's annualized growth rate gained to minus 0.4 percent from minus 1.4 percent a week earlier.

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