Business Cycle Index
![BCI-5-12-2016](https://imarketsignals.com/wp-content/uploads/2016/05/BCI-5-12-2016-100x100.png)
The BCI at 202.9 is down from last week’s 203.2, it is below the previous peak of this Business Cycle indicated by the BCIp at 93.1. However, the 6-month smoothed annualized growth BCIg at 13.6 is up from last week’s 13.4.
No recession is signaled.
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