For details on the BCI please refer to iM’s Business Cycle Index replaces ECRI’s WLI.
For description of the BCI in off-peak-mode (BCIp) Fig-2 please refer to BCIp (or BCI in Off-Peak-Mode): 20 Weeks lead to Recessions
For a description of BCIw please refer to iM’s BCIw: A Weeks to Recession Indicator
October 16, 2014
Business Cycle Index
The BCI dropped 0.4 points to 182.0 from last week’s 182.4. No recession is signaled by both the derived indicators; BCIg, which is still rising, at 20.8 up from last week’s 20.4, and BCIp dropped to 95.4 from last weeks 100.0.
Below are the graphs for the period 1967 to 2013 (these are updated on a irregular basis. For the latest BCI, BCIg and BCIp please refer to above weekly update)