Contact

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.

News

 

U.S. FIG Falls to New 26-Year Low


Inflationary pressures in the U.S. economy plunged to the lowest levels in a generation during November, a report said Friday.

The Economic Cycle Research Institute's future inflation gauge, an index designed to anticipate cyclical turning points in inflation, fell to a new 26-year low of 95 in November versus a revised 96.3 for October, ECRI said.

The smoothed annualized growth rate of the index edged up to -19.0% from a 20-year low of -19.4% in October.

"In the face of the first synchronous global recession in a quarter century, inflation pressures have dropped to generational lows," the report said.

Weekly updates of the index are released only to subscribers.
VIEW THIS ARTICLE ON DOW JONES NEWS