Business Cycle Index
![BCI-5-19-2016](https://imarketsignals.com/wp-content/uploads/2016/05/BCI-5-19-2016-100x100.png)
The BCI at 202.8 is down from last week’s 202.9, it is below the previous peak of this Business Cycle indicated by the BCIp at 97.4. Also, the 6-month smoothed annualized growth BCIg at 13.4 is down from last week’s 13.5.
No recession is signaled.
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