Business Cycle Index
The BCI at 256.7 is down from last week’s upward revised 258.4, and remains below the previous high of this business cycle indicated by the BCIp of 89.1. Also, the 6-month smoothed annualized growth BCIg at 10.8 is below last week’s upward revised 11.0.
Both BCIp and BCIg are not signaling a recession.
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