28 February 2014: ECRI's WLI Up Marginally

March 7th, 2014
in econ_news, syndication

ECRI's WLI Growth Index improved marginally, and remains in positive territory. A positive number predicts positive growth to come within the next six months. Their inflation guage was also issued today.

Follow up:

Current ECRI WLI Level and Growth Index

Please read The U.S. Business Cycle in the Context of the Yo-Yo Years which is an update on ECRI's recession call.

Here is this weeks update on ECRI's Weekly Leading Index (note - a positive number indicates growth):


Growth in a weekly leading index designed to forecast U.S. economic activity picked up last week.

According to the Economic Cycle Research Institute, its weekly leading index grew 1.9% in the week ended Feb. 28, up slightly from 1.7% in the previous week. The index itself increased to 133.5 from 131.9.

"Occasionally the WLI level and growth rate can move in different directions, because the latter is derived from a four-week moving average," ECRI said.

The February ECRI index growth rate fell sharply to 1.6% from 4.0% in January.

ECRI produces a monthly issued Coincident index. The February update for January shows the rate of economic growth declining marginally month-to-month - but is still showing reasonable growth. The current values:

U.S. Coincident Index

/images/z ecri_coin.png

ECRI produces a monthly inflation index - a positive number shows decreasing inflation pressure.

U.S. Future Inflation Gauge

/images/z ecri_infl.PNG

ECRI Inflation Gauge Rises to 104.1 in February

U.S. inflationary pressures were lower in , as the U.S. future inflation gauge climbed to 104.1 from the revised January 102.1 reading, according to data released Friday morning by the Economic Cycle Research Institute. The January reading was initially reported as 101.4.

"Despite its recent uptick, the USFIG remains below its earlier highs," ECRI Chief Operations Officer Lakshman Achuthan said in a release, "Thus, underlying inflation pressures are still in check."

ECRI produces a monthly Lagging index. The January economy's rate of growth improved slightly.

U.S. Lagging Index

/images/z ecri_lag.PNG

source: ECRI


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

 navigate econintersect.com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved