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 improved to a two-month high, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based  independent forecasting group, said its Weekly Leading Index was unchanged at 130.6 in the week ended April 26 compared to the previous week. 

The index's annualized growth rate gained to 7.2 percent from 6.8 percent a week earlier. That was the highest level since mid-February.

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