Business Cycle Index
The BCI at 249.0 is down from last week’s 253.1, and is below the previous high for this business cycle indicated by the BCIp at 6.6, which signals a recession. Also, the 6-month smoothed annualized growth BCIg at 3.8 is down from last week’s 6.2. BCIg probably will below zero next week or the week thereafter.
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