Business Cycle Index
The BCI at 255.7 is down from last week’s downward revised 258.7, and is below the previous high for this business cycle indicated by the BCIp of 57.4. Also, the 6-month smoothed annualized growth BCIg at 7.4 is down from last week’s 8.9. Please also refer to this article regarding the COVID-19 pandemic influences on the BCI
Both BCIp and BCIg are not signaling a recession.
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