BCI April 23, 2015

 

Business Cycle Index

The BCI , to one decimal place, is at last week’s revised level of 193.0.  The 6-month smoothed annualized growth BCIg at 19.2  is up from last week’s upward revised 18.9, and BCIp at 99.7  indicates that for this business cycle the BCI remains near last week’s high.

No recession is signaled.