Written by Steven Hansen
ECRI’s WLI Growth Index which forecasts economic growth six months forward improved but remains in contraction.
Analyst Opinion of the trends of the weekly leading indices
The current forecast is a slight business cycle contraction 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
Click here to download ECRI WLI data for free, including the full history of its level and growth rate. On mobile, click here to go to ECRI’s Reports & Indexes page, then click “Full Site.”
__________________________________________ECRI’s U.S. Weekly Leading Index (WLI) ticked up to 145.6 and its growth rate edged up to -2.3%.
ECRI has long determined business cycle and growth rate cycle chronologies for 21 countries that can be freely accessed here.
The WLI is just one of many ECRI U.S. leading indexes, including some with longer leads over cyclical turning points in economic growth.
Please see links below for public statements ECRI has made about our cyclical outlook:
– Real Vision Talks with ECRI’s Achuthan “Interview: Cycling Into Slowdown“
– CNBC TV Interview with ECRI’s Achuthan “The Canary in the Semiconductor-chip Fab“
– Read ECRI’s Achuthan and Banerji FOX Business Op-Ed “Recession or Not, It’s Out of Trump’s Hands“
For a quick glance at the WLI’s performance, please see the chart below.
Click here to review ECRI’s recent real-time track record.
For information on ECRI professional services please contact us.
Follow @businesscycle on Twitter.
U.S. Coincident Index:
ECRI produces a monthly coincident index. The February economy’s rate of growth (released in March) showed the rate of growth marginally declined.
U.S. Future Inflation Gauge:
ECRI produces a monthly future inflation index which leads U.S. inflation cycle turning points. The February index (released in March) shows no inflation pressure (positive numbers show inflation pressure).
z ecri_infl.PNG
U.S. Lagging Index:
ECRI produces a monthly Lagging index. The February economy’s rate of growth (released in March) showed the rate of growth insignificantly declined.
z ecri_lag.PNG
source: ECRI
include(“/home/aleta/public_html/files/ad_openx.htm”); ?>
