ECRI’s WLI Growth Index which forecasts economic growth six months forward declined and in contraction.
Analyst Opinion of the trends of the weekly leading indices
The current forecast is a slight economic 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 Decreases
ECRI’s U.S. Weekly Leading Index (WLI) decreased to 146.1, while WLI growth fell to -1.4%.
For more on ECRI’s cyclical outlook, please see links below to other ECRI information that has been made public:
– watch ECRI’s Lakshman Achuthan in a interview on Bloomberg TV
– read ECRI’s current “Damned Lies and Statistics” article in Mauldin Economics
For a quick glance at the WLI’s performance, please see the chart below:
Click here to review ECRI’s recent track record.
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 September index value (issued in October) shows the rate of economic growth marginally declined.
ECRI produces a monthly inflation index – a positive number shows increasing inflation pressure. Inflation pressures grew in October.
U.S. Future Inflation Gauge:
ECRI produces a monthly Lagging index. The September economy’s rate of growth (released in October) showed the rate of growth marginally improved.
U.S. Lagging Index:
source: ECRI
