ECRI's WLI Growth Index which forecasts economic growth six months forward improved but remains in contraction. ECRI also released their inflation index this week.

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 Increases

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."
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ECRI's U.S. Weekly Leading Index (WLI) increased to 145.1 and its growth rate rose to -3.7%. 

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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"

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

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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.

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U.S. Future Inflation Gauge:

ECRI produces a monthly future inflation index which leads U.S. inflation cycle turning points. The February index (released in March) shows no inflation pressure (positive numbers show inflation pressure).

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U.S. Lagging Index:

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

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source: ECRI