BCI March 24, 2016

 

Business Cycle Index

BCI-3-24-2016The BCI at 199.8 is up from last week’s upward revised 199.0. It reached a new high in the current business cycle, which is indicated by BCIp now at 100.  It is also a new all-time high, surpassing the May 11, 2006 value of 199.6. The 6-month smoothed annualized growth BCIg  at 10.8 is up from last week upward revised 10.5.

The upward revision resulted from the Department of Labor revisions which stretch back to 2011, please also refer to the BCI page

No recession is signaled.

 

 

Posted in pmp BCI

Leave a Reply

With reference to Section 202(a)(11)(D) of the Investment Advisers Act: We are Engineers and not Investment Advisers, read more ...
By the mere act of reading this page and navigating this site you acknowledge, agree to, and abide by the Terms of Use / Disclaimer
Share This