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 growth rose to its highest in more than two years in the latest week, while the annualized growth rate also accelerated, 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 131.3 in the week ended June 7, its strongest since April 2011, from a revised 131.0 the previous week. That was originally reported as 130.9.

The index's annualized growth rate increased to 6.6 percent from a revised 6.4 percent a week earlier, which was originally reported as 6.3 percent.