U.S. Weekly Leading Index Falls
The U.S. Weekly Leading Index fell to 130.8 from 131.6. The growth rated ticked up to -4.0% from -4.3%. The decline in WLI growth points to slower overall growth in coming months.
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.
The U.S. Weekly Leading Index fell to 130.8 from 131.6. The growth rated ticked up to -4.0% from -4.3%. The decline in WLI growth points to slower overall growth in coming months.
U.S. future inflation gauge fell to 102.5 from a revised December 104.0 reading. More
One of 2014's biggest surprises – falling oil prices – is completely consistent with our timely call on global growth. When made last July, that forecast was opposed to the consensus view. More