Business Cycle Index
The 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.
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