Business Cycle Index
![BCI-12-20-2018](https://imarketsignals.com/wp-content/uploads/2018/12/BCI-12-20-2018-100x100.png)
The BCI at 245.3 is below last week’s 247.1, and remains below this business cycle’s peak as indicated by the BCIp at 66.5. Also, the 6-month smoothed annualized growth BCIg at 8.8, is below last week’s 9.7. Both BCIp and BCIg are not signaling a recession.
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