Business Cycle Index
The BCI at 193.4 is up from last week’s downward revised 193.2, this is the fourth week that the BCI is near this level. However, the 6-month smoothed annualized growth BCIg at 12.7 is lower than last week’s 13.4, and BCIp at 91.6 indicates that for this business cycle the BCI is slighter lower than its previous peak. Please also refer to the BCI pageNo recession is signaled.
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