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.



Weekly Leading Index Ticks Down

A measure of future U.S. economic growth ticked lower last week, though the annualized growth rate picked up, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based  independent forecasting group, said its Weekly Leading Index edged down to 127.2 in the week ended Dec 14 from 127.4 the previous week. That was originally reported as 127.7.

The index's annualized growth rate rose to 4.6 percent from  3.9 percent a week earlier.

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