econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 03 June 2016

27 May 2016: ECRI's WLI Growth Index Marginally Declines

ECRI's WLI Growth Index which forecasts economic growth six months forward expanded marginally and remains in positive territory for the tenth week - after spending the previous 34 consecutive weeks in negative territory. ECRI also released their inflation guage this week.

Current ECRI WLI Level and Growth Index:

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

U.S. Weekly Leading Index Decreased

The U.S. Weekly Leading Index (WLI) decreased to 135.8 from 136.1. The growth rate ticked down to 5.9% from 6.1%.

The U.S. economic slowdown is set to continue, as the latest WLI upturn is not sufficiently pronounced, pervasive and persistent - the three P's - to qualify as a true cyclical upturn. Rather, it partly reflects the run-up in the markets as the early-2016 recession fears among the consensus faded, with the Fed backing off its rate hike plans, the dollar weakening, and some data beating significantly lowered expectations.



To put the economy in perspective please see links below:

- watch Lakshamn Achuthan's interview with Tom Keene at Bloomberg TV.

- read ECRI's "Rate Hike "Cycle" Remains Unlikely".

See the longer term U.S. WLI chart for recent moves in context:

Coincident Index:

ECRI produces a monthly coincident index - a positive number shows economic expansion. The April number (issued in May) shows slightly improved economic growth.

z ecri_coin.png

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

U.S. Future Inflation Gauge:

z ecri_infl.PNG

Future Inflation Gauge at 94-mo High

U.S. inflationary pressures were up in May, as the U.S. future inflation gauge gained to 110.1 from a 108.1 reading in April, according to data released Friday morning by the Economic Cycle Research Institute.

"The USFIG increased again in May to a 94-month high," ECRI Chief Operations Officer Lakshman Achuthan said in a release. "Thus, underlying inflation pressures are still on the rise."

ECRI produces a monthly Lagging index. The March's economy's rate of growth (released in April) showed the rate of growth was flat.

U.S. Lagging Index:

z ecri_lag.PNG

source: ECRI



>>>>> Scroll down to view and make comments <<<<<<



Permanent link to most recent post on this topic

Click here for Historical Releases Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.






Econintersect Economic Releases


search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Why Long-Run Theories of Profit and Accumulation Fall Short
Brexit - Who Wins and Loses
News Blog
Best Selling Hard Soda Brands In The U.S.
What We Read Today 25 April 2017
April 2017 Chemical Activity Barometer Suggests Continued Growth Through 2017
Final April 2017 Michigan Consumer Sentiment Slips but Remains Strong
Richmond Fed Manufacturing Survey Again Improves In April 2017.
March 2017 Headline New Home Sales Improve and Above Expectations
Case-Shiller 20 City Home Price Index February 2017 Shows 5.9 % Year-over-Year Growth
Infographic Of The Day: Comparison Of Population Density
Early Headlines: Asia Stocks, Dollar, And Oil All Up, Gold Down, China Stocks Diverge, Bankrupt Retail, Courtiers To Palace Wed., US Starts Trade War With Canada Over Lumber, And More
April 24, 2017 Weather and Climate Report - All Too Normal!
The Countries With The Fastest Internet
CO2 Levels And Global Warming
Worthless Mining Waste Could Suck CO Out Of The Atmosphere And Reverse Emissions
Investing Blog
Irrational Exuberance From France
The Real 401k Plan Manager 24 April 2017
Opinion Blog
Reducing Inequality Could Be A Matter Of Survival
America's Gilded Age 2: On The Rocks
Precious Metals Blog
Three Gold Plays For The New Era Of Chaos
Live Markets
25Apr2017 Market Close: Nasdaq Pushes Above 6,000; Dow Broke 21k Before Pulling Back; Dollar And Gold Slide While Oil Advances
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government































 navigate econintersect.com

Blogs

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

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  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