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 Ticks Down

A measure of future U.S. economic growth fell to a two-week low in the latest week although its annualized growth rate rose to a 26-week high, a research group said on Friday.

The Economic Cycle Research Institute, a New York-based independent forecasting group, said its Weekly Leading Index fell to 125.4 in the week ended Nov. 26 from 126.0 the previous week. That was the the lowest since Nov. 12, when it stood at 124.2.

The index's annualized growth rate rose to minus 2.4 percent from minus 3.3 percent a week earlier. That was the highest since May 28, when it stood at 0.1 percent.