Business Cycle Index
The BCI at 257.3is up from last week’s downward revised 257.0, and remains below the previous high of this business cycle indicated by the BCIp of 91.9. However, the 6-month smoothed annualized growth BCIg at 9.9 is below last week’s 10.2.
Both BCIp and BCIg are not signaling a recession.
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