Business Cycle Index
![BCI-1-5-2017](https://imarketsignals.com/wp-content/uploads/2017/01/BCI-1-5-2017-100x100.png)
The BCI at 214.0 is below last week’s 214.2. It is below the previous high for this Business Cycle as indicated by the BCIp at 98.9. Also, the 6-month smoothed annualized growth BCIg at 14.4 is below last week’s 14.5.
No recession is signaled.
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