02 March 2018: ECRI’s WLI Growth Index Rate Continues to Slow

ECRI’s WLI Growth Index which forecasts economic growth six months forward remains in expansion. ECRI released their inflation index this week also/

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

Weekly Leading Index Slips

ECRI’s U.S. Weekly Leading Index (WLI) slipped to 149.3 from 150.3, while WLI growth edged down to 5.7% from 6.9%.

For more on the cyclical outlook, please see below for other forward-looking ECRI data shared publicly:

– watch ECRI’s Lakshman Achuthan in a recent Bloomberg interview

– watch ECRI’s Lakshman Achuthan in a CNBC interview

– read ECRI’s “Up is Down: Jump in AHE Growth Confirms Economic Slowdown“

– read ECRI’s “The Best Way to Use the Weekly Leading Index (WLI)“

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.

For more information on ECRI professional services please contact us.

Coincident Index:

ECRI produces a monthly coincident index – a positive number shows economic expansion. The January index value (issued in February) shows the rate of economic growth was little changed.

z ecri_coin.png

ECRI produces a monthly inflation index – a positive number shows increasing inflation pressure. Inflation pressures are increasing.

U.S. Future Inflation Gauge:.

z ecri_infl.PNG

ECRI produces a monthly Lagging index. The January economy’s rate of growth (released in February) showed the rate of growth marginally declined.

U.S. Lagging Index:

z ecri_lag.PNG

source: ECRI

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