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.



WLI Near All-Time High

A measure of future U.S. economic growth rose to its highest level in 10 weeks, while its yearly growth gauge also increased, indicating the recovery remains on track, 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 a 10-week of 131.9 for the week ended March 26, up from a revised 131.4 the week earlier.

The index's annualized growth rate rose to a five-week high of 13.9 percent from 13.8 percent in the prior week.

"With the WLI holding near January's all-time high, the ongoing U.S. economic revival will prove resilient in the months ahead," said Lakshman Achuthan, managing director of ECRI.