Business Cycle Index
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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