U.S. Weekly Leading Index Rose
The U.S. Weekly Leading Index rose to 135.2 from 134.2. The growth rate increased to 3.5% from 2.5%.
To put the economy in perspective read ECRI's "Flawed Assumptions and Grand Experiments," presented by Lakshman Achuthan at the Levy Economics Institute’s 25th Annual Hyman P. Minsky Conference this week. Please follow this link to the presentation slides.
For a closer look at recent moves in the U.S. Weekly Leading Index, please see the chart below: