Business Cycle Index
![BCI-1-9-2020](https://imarketsignals.com/wp-content/uploads/2020/01/BCI-1-9-2020-100x100.png)
The BCI at 260.8 is down from last week’s 262.0, and remains below the previous high for this business cycle indicated by the BCIp of 90.5. Also, the 6-month smoothed annualized growth BCIg at 10.8 is below last week’s 11.3.
Both BCIp and BCIg are not signaling a recession.
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