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
Even with the continuing decline in this index, the forecast is for modest growth six months from today.
Here is this week’s update on ECRI’s Weekly Leading Index (note – a positive number indicates growth):
Weekly Leading Index Ticks Up
ECRI’s U.S. Weekly Leading Index (WLI) ticked up to 148.2 from 148.0, while WLI growth decreased to 3.9% from 4.5%.
For more on the cyclical outlook, please see below for other forward-looking ECRI data shared publicly:
– watch ECRI’s Lakshman Achuthan in a CNBC interview
– read ECRI’s Op-Ed “Global Economy’s Wile E. Coyote Moment“
– watch ECRI’s Lakshman Achuthan in a 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.
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 February index value (issued in March) 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 marginally declined in March.
U.S. Future Inflation Gauge:.
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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:
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source: ECRI
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