Business Cycle Index
![BCI-12-1-2016](https://imarketsignals.com/wp-content/uploads/2016/12/BCI-12-1-2016-100x100.png)
The BCI at 212.5 is down from last week’s 213.0. It is below the previous p high of this Business Cycle as indicated by the BCIp at 96.1. The 6-month smoothed annualized growth BCIg at 14.5 is unchanged from last week.
No recession is signaled.
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