iM-Business Cycle Index, 4/13/2023

 

iM-Business Cycle Index

BCI-4-13-2023 BCIw-4-13-2023 The Department of Labor changed their calculation method for the seasonally adjusted data (explained here) which manifests itself in a downward revision in the BCI.  Both the BCIg and BCIw are signalling a recession.

 

 

 

 

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