BCI

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

 

August 28, 2014

Business Cycle Index

BCI-8-28The BCI at 177.0 is up from last week’s upward revised 176.5. However, the BCIg, the smoothed annualized growth of BCI, at 17.9 is down from last week’s upward revised 18.2.

However, BCI does not indicate a possible recession in the near future.

 


Posted on Aug 28, 2014 | Leave a comment

 

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)

BCI-fig1click on image to enlarge

 

BCI-fig2click on image to enlarge

 

 

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