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U.S. WLI Monthly Increases
The level of the monthly WLI increases to 129.4, the highest since August 2015, when it was 129.8. The growth rate of the monthly WLI rises to a four-month high, the highest since July 2015, when it was at -0.3%
A Framework That Provides Clarity
During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.
- ECRI uses a highly nuanced “many-cycles” view to understand the complex dynamics of the global economy.
- To monitor the U.S. economy alone, we use an array of more than a dozen specialized leading indexes in the context of the ECRI framework for incorporating various sectors and aspects of the economy.
- The ECRI framework covers 21 economies, incorporating well over 100 proprietary indexes designed to be comparable across borders.