ECRI’s WLI Growth Index which forecasts economic growth six months forward remains in expansion. ECRI also released their coincident index this week.
Analyst Opinion of the trends of the weekly leading indices
This index is indicating modest growth six months from 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 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 are increasing.
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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