February 2019 ECRI's WLI Growth Rate Index Marginally Improves

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

Analyst Opinion of the trends of the weekly leading indices

The current forecast is a slight business cycle 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 Rises

Click here to download ECRI WLI data for free, including the full history of its level and growth rate. On mobile, click here to go to ECRI's Reports & Indexes page, then click "Full Site."
__________________________________________

ECRI's U.S. Weekly Leading Index (WLI) rose to 144.9 and its growth rate edged up to -4.2%. 

(Click on image to enlarge)



ECRI has long determined business cycle and growth rate cycle chronologies for 21 countries that can be freely accessed here.

The WLI is just one of many ECRI U.S. leading indexes, including some with longer leads over cyclical turning points in economic growth.

Please see links below for public statements ECRI has made about our cyclical outlook:

- Bloomberg TV Interview with ECRI's Achuthan "Trump & Xi Trade, China Outlook, Fed"

- CNBC TV Interview with ECRI's Achuthan "Fed Pivot and ECRI Leading Indexes"

- Read ECRI's Achuthan and Banerji Bloomberg Op-Ed "The Fed's 'First, Do No Harm' Policy Is Harmful"

- Read "ECRI Indexes Lead Global PMI"

For a quick glance at the WLI's performance, please see the chart below. 

(Click on image to enlarge)

Click here to review ECRI's recent real-time track record.

For information on ECRI professional services please contact us.

U.S. Coincident Index:

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

1 2
View single page >> |

Disclaimer: No content is to be construed as investment advise and all content is provided for informational purposes only.The reader is solely responsible for determining whether any investment, ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.