Weekly Leading Index Increases
The latest ECRI’s U.S. Weekly Leading Index (WLI) reading increased to 143.3 from 141.8. However, WLI growth decreased to a 77-week low of 0.3%.
To put the economy in perspective please see links below:
- read Lakshman Achuthan's recent interview on Seeking Alpha
- read ECRI's "Jan ’17 Flashback: Bond Bears Will Be Blindsided"
- watch Lakshman Achuthan's Reuters interview
For a closer look at the performance of the U.S. Weekly Leading Index, see the chart below: