BCI 10-24-13

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 160.9 it is up 0.8 from last weeks revised 160.1

The BCIg, the 6-month smoothed annualized growth rate plus six, remained steady at 18.3

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