May 2018: ECRI's WLI Growth Index Rate Again Slips

ECRI's WLI Growth Index which forecasts economic growth six months forward remains in expansion.

Analyst Opinion of the trends of the weekly leading indices

Even with the general downward trend in this index over the last 6 months, the forecast is for 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 April index value (issued in May) shows the rate of economic growth improved.

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ECRI produces a monthly inflation index - a positive number shows increasing inflation pressure. Inflation pressures marginally declined in April.

U.S. Future Inflation Gauge:.

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ECRI produces a monthly Lagging index. The April economy's rate of growth (released in May) showed the rate of growth marginally declined.

U.S. Lagging Index:

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