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.



ECRI WLI Growth Slips

A measure of future U.S. economic growth rose last week, though the annualized growth rate pulled back for a fourth week in a row, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based  independent forecasting group, said its Weekly Leading Index rose to 126.3 in the week ended Nov 23 from 125.4 the previous week. That was originally reported as 125.7.

The index's annualized growth rate eased to 3.4 percent from 3.6 percent a week earlier.

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