Business Cycle Index
The BCI at 259.1 is up from last week’s upward revised 258.2, and reached a new high for this business cycle indicated by the BCIp of 100. Also, the 6-month smoothed annualized growth BCIg at 10.7 is above last week’s upward revised 10.4.
Both BCIp and BCIg are not signaling a recession.
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