U.S. FIG Ticks Down
“With the USFIG falling for three straight months, U.S. inflation pressures are in a clear cyclical downturn,” ECRI Chief Operations Officer Lakshman Achuthan said in a release.
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.