Business Cycle Index
![BCI-6-30-2016](https://imarketsignals.com/wp-content/uploads/2016/06/BCI-6-30-2016-100x100.png)
The BCI at 205.8 is below last week’s 206.1, the BCI is now below the previous peak of this Business Cycle indicated by the BCIp at 91.5. Also, the 6-month smoothed annualized growth BCIg at 15.3 is down from last week’s 15.6.
No recession is signaled.
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