Business Cycle Index
![BCI-8-23-2018](https://imarketsignals.com/wp-content/uploads/2018/08/BCI-8-23-2018-100x100.png)
The BCI at 247.6 is above last week’s upward revised level of 247.2, and formed a new high for this business cycle indicated by the BCIp of 100. However, the 6-month smoothed annualized growth BCIg at 14.4 is below last week’s upward revised 14.5.
No recession is signaled.
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