September 2019 ECRI's WLI Growth Rate Again Marginally Improves

ECRI's WLI Growth Index which forecasts economic growth six months forward marginally improved but remains contraction. ECRI also released its coincident and lagging indices this week.

Analyst Opinion of the trends of the weekly leading indices

In essence, there is no growth forecast in the business cycle six months from today.

Here is this week's update on ECRI's Weekly Leading Index (a positive number indicates growth):

U.S. Coincident Index:

ECRI produces a monthly coincident index. The August economy's rate of growth (released in September) showed the rate of growth declined.

(Click on image to enlarge)

U.S. Lagging Index:

ECRI produces a monthly Lagging index. The August economy's rate of growth (released in September) showed the rate of growth slowed.

(Click on image to enlarge)

Source: ECRI

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