U.S. Weekly Leading Index Increases
The U.S. Weekly Leading Index (WLI) increased to 138.1 from 137.8. The growth rate edged down to 8.1% from 8.4%.
To put the economy in perspective please see links below:
- read ECRI's "Stagflation Lite Getting Harder to Ignore"
- read ECRI's "Assessing Labor Market Strength"
For a closer look at recent moves in the U.S. Weekly Leading Index, see the chart below: