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.




A measure of future U.S. economic expansion edged up last week, though the annualized growth rate declined for the first time since June, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based  independent forecasting group, said its Weekly Leading Index  gained slightly to 126.8 in the week ended Oct. 19 from 126.6 the previous week.

The prior week's number was originally reported as 126.7.

The index's annualized growth rate slipped to 6.0 percent from 6.1 percent.