Business Cycle Index
The BCI at 257.7 is below last week’s upward revised 258.8, and is below the previous high of this business cycle indicated by the BCIp of 89.8. Also, the 6-month smoothed annualized growth BCIg at 14.2 is below last week’s 14.7. However, the 6-month smoothed annualized growth BCIg at 14.2 is above last week’s 14.1.
Both BCIp and BCIg are not signaling a recession.
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