ECRI’s WLI Growth Index which forecasts economic growth six months forward remains in expansion.
Analyst Opinion of the trends of the weekly leading indices
This index is indicating modest growth six months from today – but the rate of growth would be little changed from what we see today.
Here is this week’s update on ECRI’s Weekly Leading Index (note – a positive number indicates growth):
Weekly Leading Index Increases
ECRI’s U.S. Weekly Leading Index (WLI) increased to 151.5 from 150.3, while WLI growth rose to 5.8% from 4.5%.
For more on the cyclical outlook, please see below other forward-looking ECRI data that we’ve shared publicly:
– read ECRI’s Op-Ed “Trump’s Tax Cuts Won’t Offset the Impending Slowdown“
– watch ECRI’s Lakshman Achuthan in a current Bloomberg interview.
For a closer look at the WLI’s performance, please see the chart below:
Click here to review ECRI’s track record, including client report excerpts.
Coincident Index:
ECRI produces a monthly coincident index – a positive number shows economic expansion. The December index value (issued in January) shows the rate of economic growth was little changed.
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ECRI produces a monthly inflation index – a positive number shows increasing inflation pressure. Inflation pressures are receding
U.S. Future Inflation Gauge:.
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ECRI produces a monthly Lagging index. The November economy’s rate of growth (released in December) showed the rate of growth improved.
U.S. Lagging Index:
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source: ECRI
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