ECRI’s WLI Growth Index which forecasts economic growth six months forward remains in expansion. ECRI released their inflation index this week and is shown below.
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):
Coincident Index:
ECRI produces a monthly coincident index – a positive number shows economic expansion. The November index value (issued in December) 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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