Business Cycle Index
![BCI-8-15-2019](https://imarketsignals.com/wp-content/uploads/2019/08/BCI-8-15-2019-100x100.png)
The BCI at 254.3 is down from last week’s 254.7, and remains below the previous high of this business cycle indicated by the BCIp of 75.1. Also, the 6-month smoothed annualized growth BCIg at 8.8 is below last week’s 8.9.
Both BCIp and BCIg are not signaling a recession.
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