Business Cycle Index:
The BCI at 162.7 is down 1.2 from last week’s revised 163.9
The BCIg at 16.9 is down 1.3 from last week’s revised 18.2
Although both BCIg and BCI are retreating, mainly to an increase in the Continues Claims (Insures Unemployed), these indicators still signal a continued growth of the economy with no recession imminent.
Leave a Reply
You must be logged in to post a comment.