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
January 29, 2015
Business Cycle Index
The BCI at 185.5 is up from last week’s downward 183.5. No recession is signaled by both the derived indicators; BCIg, at 16.4 is down from last week’s 16.9, and BCIp at 93.8 indicates that, for this business cycle, BCI is slightly down from its previous peak.
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)