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 Slightly Lower

A gauge of future U.S. economic growth was slightly lower in the latest week... while its annualized rate of growth also fell, a research group said on Friday.

The Economic Cycle Research Institute, an independent forecasting group, said its Weekly Leading Index slipped to 140.0 in the week ending Feb. 2 from 140.1 in the prior week, revised down.

Annualized growth rate fell to 4.0 percent from 4.7 percent in the previous period.

"Despite its latest downtick WLI growth remains in a cyclical uptrend, suggesting that U.S. economic growth prospects are fairly positive," said Melinda Hubman, research associate at ECRI.