15 June 2018: ECRI’s WLI Growth Index Rate Slight Improvement

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

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

Weekly Leading Index Rises

ECRI’s U.S. Weekly Leading Index (WLI) rose to 150.1 from 149.2, while the WLI growth rate increased to 3.1% from 2.7%.

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

– watch ECRI’s Lakshman Achuthan talk with CNBC

– read our Levy Economics Institute Minsky Conference presentation “The Risk of Mistaking Cyclical for Structural”

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 May index value (issued in June) shows the rate of economic growth marginally slowed.

z ecri_coin.png

ECRI produces a monthly inflation index – a positive number shows increasing inflation pressure. Inflation pressures again increased in May.

U.S. Future Inflation Gauge:.

z ecri_infl.PNG

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

U.S. Lagging Index:

z ecri_lag.PNG

source: ECRI

include(“/home/aleta/public_html/files/ad_openx.htm”); ?>

Permanent link to most recent post on this topic