Business Cycle Index:
The BCI lost more ground, now at a level of 156.6 is down 0.4 from last week’s revised 157.0.
BCIg at 18.5 is down 0.9 from last revised weeks revised 19.4, BCIg peaked 12 weeks ago at 21.5
These movements are normal in the business cycle and no imminent recession is indicated.
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