Business Cycle Index
![BCI-7-18-2019](https://imarketsignals.com/wp-content/uploads/2019/07/BCI-7-18-2019-100x100.png)
The BCI at 255.2 is up from last week’s downward revised 254.7, and remains below the previous high of this business cycle indicated by the BCIp of 78.4. However, the 6-month smoothed annualized growth BCIg at 9.8 is below last week’s 10.2.
Both BCIp and BCIg are not signaling a recession.
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