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 in the latest week, while the annualized growth rate also improved from low levels, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index gained to 122.1 in the week ended Oct 28 from a revised 121.2 the previous week. That was originally reported as 121.3.

The index's annualized growth rate improved to minus 9.4 percent from minus 10.1 percent a week earlier, which was previously reported at minus 10.0.

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