BCI December 25, 2014

Business Cycle Index

The BCI  at 184.9 is up from last week’s downwards revised 183.9. No recession is signaled by both the derived indicators; BCIg, expressed to one decimal place at 19.1 is down from  last week’s downward revised 19.8, and BCIp at 92.8  indicates that, for this business cycle, BCI is slightly down from its previous peak.