BCI 10-17-13

Business Cycle Index:

The BCI gained on a strong market and continued improvements, i.e. reductions, in the continues unemployment claims. The BCI stands at 160.2 it is up 0.9 from last weeks 159.3

Similarly, the BCIg, the 6-month smoothed annualized growth rate plus six, rose to 18.3 from last weeks 18.1

BCIg at a level of zero signals a recession, thus no recession is imminent.