27 June 2014: ECRI's WLI Growth Again Unchanged

July 3rd, 2014
in econ_news, syndication

ECRI's WLI Growth Index continues to show growth - remaining in positive territory and at a level again unchanged from the previous week. A positive number predicts economic expansion to come within the next six months. ECRI's Inflation Index was updated this week and is discussed below.

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):

Weekly Leading Index Unchanged

Growth in a weekly leading index designed to forecast U.S. economic activity continues to show expansion.

According to the Economic Cycle Research Institute, its weekly leading index was mixed. The growth rate was unchanged at 4.3% (originally released as 4.3%) - however, the level of the index declined marginally from 135.4 (originally released as 135.4) to 135.3.

ECRI produces a monthly issued Coincident index. The June update for May shows the rate of economic growth declining marginally month-to-month - and is now showing the rate of growth trend line within a narrow channel. The current values:

U.S. Coincident Index

/images/z ecri_coin.png

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

U.S. Future Inflation Gauge

/images/z ecri_infl.PNG

US Future Inflation Gauge Rises

U.S. inflationary pressures were higher in June, as the U.S. future inflation gauge climbed to 105.5 from Mays 105.0 reading,

"With the USFIG reaching a 14-month high, underlying inflation pressures have begun to build," ECRI Chief Operations Officer Lakshman Achuthan said in a release.

ECRI produces a monthly Lagging index. The May economy's rate of growth (released in June) improved this month and remains on an upward trendline.

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