Business Cycle Index
![BCI-11-22-2018](https://imarketsignals.com/wp-content/uploads/2018/11/BCI-11-22-2018-100x100.png)
The BCI at 246.8 is below last week’s 247.8, and remains below this business cycle’s peak as indicated by the BCIp at 77.3. Also, the 6-month smoothed annualized growth BCIg at 10.4, is below last week’s 11.1.
No recession is signaled.
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