Business Cycle Index
![BCI-7-14-2016](https://imarketsignals.com/wp-content/uploads/2016/07/BCI-7-14-2016-100x100.png)
The BCI at 206.8 is above last week’s 206.3, but the BCI remains below the previous peak of this Business Cycle indicated by the BCIp at 99.0. However, the 6-month smoothed annualized growth BCIg at 14.5 is down from last week’s 14.7.
No recession is signaled.
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