U.S. Weekly Leading Index Slips
The U.S. Weekly Leading Index (WLI) slipped from 130.8 to 130.7, a 64-week low and the lowest since October 11, 2013, when it was 130.1. Its growth rate decreased from -3.9% to a 152-week low of -4.4%, the lowest since February 3, 2012, when it was -4.4%. The decline in WLI growth points to slower overall growth in coming months.