BCI August 8, 2019

 

Business Cycle Index

BCI-8-8-2019 The BCI at 254.7 is down from last week’s 255.1, and remains below the previous high of this business cycle indicated by the BCIp of 77.5. However, the 6-month smoothed annualized growth BCIg at 8.9 is above last week’s 8.8.

Both BCIp and BCIg are not signaling a recession.

 

 

 

Posted in pmp BCI

Leave a Reply

With reference to Section 202(a)(11)(D) of the Investment Advisers Act: We are Engineers and not Investment Advisers, read more ...
By the mere act of reading this page and navigating this site you acknowledge, agree to, and abide by the Terms of Use / Disclaimer