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 Rises

A measure of future U.S. economic growth rose slightly in the latest week, 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 130.0 in the week ended March 25 from a revised 129.1 the previous week, originally reported at 129.3.

That was the highest level since the week of March 11, when it stood at 130.3

The index's annualized growth rate rose to 6.5 percent from 6.4 percent a week earlier.