Business Cycle Index
![BCI-10-20-2016](https://imarketsignals.com/wp-content/uploads/2016/10/BCI-10-20-2016-100x100.png)
The BCI at 212.4 is down from last week’s 212.6, and it is below its previous high for this Business Cycle as indicated by the BCIp at 98.4. Also, the 6-month smoothed annualized growth BCIg at 16.1 is down from last week’s 16.4.
No recession is signaled.
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