Business Cycle IndexFurther decreases in the Continued Claims (Insured Unemployment), as reported by the DOL today, result in the BCI rising to a new all-time high of 169.0 for this business cycle, up from last week’s upward revised 168.7. However BCIg, the smoothed annualized growth of BCI, is down to 16.9 from last week’s upward revised 17.1.
This week’s BCI shows no recessionary trends.
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