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
March 26, 2015
Business Cycle Index
The BCI at 189.2 is up from last week’s upward revised 188.8. The 6-month smoothed annualized growth BCIg at 17.6 is down from last week’s upward revised 17.6, and BCIp at 100 indicates that, for this business cycle, BCI is at a new high.
No recession is signaled.
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)