Business Cycle Index
![BCI-1-17-2019](https://imarketsignals.com/wp-content/uploads/2019/01/BCI-1-17-2019-100x100.png)
The BCI at 243.8 is above last week’s 242.2, and remains below this business cycle’s peak as indicated by the BCIp at 56.3. However, the 6-month smoothed annualized growth BCIg at 5.0 is below last week’s 5.3. Both BCIp and BCIg are not signaling a recession.
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