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 Unchanged

A measure of future U.S. economic growth held steady last week, while the annualized growth rate edged up, a research group said on Thursday.

The Economic Cycle Research Institute, a New York-based  independent forecasting group, said its Weekly Leading Index was unchanged at 129.7 in the week ended March 22. That was originally reported as 129.8.

The index's annualized growth rate rose to 6.6 percent from  6.3 percent a week earlier.

The ECRI report was released a day early due to the Good Friday holiday.

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