Business Cycle Index
The BCI at 257.7 is above last week’s upward revised 256.5, and formed a new high for this business cycle indicated by the BCIp of 100. Also, the 6-month smoothed annualized growth BCIg at 12.9 is above last week’s upward revised 12.0.
Both BCIp and BCIg are not signaling a recession.
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