ECRI’s WLI Growth Index which forecasts economic growth six months forward remains in expansion. ECRI released their lagging index this week also.
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):
Weekly Leading Index Edges Down
ECRI’s U.S. Weekly Leading Index (WLI) edged down to 149.0 from 149.8, while WLI growth slipped to 7.5% from 8.5%.
For more on the cyclical outlook, please see below for other forward-looking ECRI data shared publicly:
– watch ECRI’s Lakshman Achuthan in a recent CNBC interview
– read ECRI’s “Up is Down: Jump in AHE Growth Confirms Economic Slowdown”
– read ECRI’s “The Best Way to Use the Weekly Leading Index (WLI)”
– read ECRI’s Op-Ed “Trump’s Tax Cuts Won’t Offset the Impending Slowdown”
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 January index value (issued in February) 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 January economy’s rate of growth (released in February) showed the rate of growth marginally declined.
U.S. Lagging Index:
source: ECRI
