posted on 05 August 2016
ECRI's WLI Growth Index which forecasts economic growth six months forward was improved and remains in positive territory for the 19th week - after spending the previous 35 consecutive weeks in negative territory. ECRI's inflation index is now at at 97 month high.
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):
ECRI produces a monthly coincident index - a positive number shows economic expansion. The June index value (issued in July) shows slower economic growth.
ECRI produces a monthly inflation index - a positive number shows increasing inflation pressure.
U.S. Future Inflation Gauge:
ECRI produces a monthly Lagging index. The June's economy's rate of growth (released in July) showed the rate of growth declined.
U.S. Lagging Index:
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