Business Cycle Index
![BCI-8-1-2019](https://imarketsignals.com/wp-content/uploads/2019/08/BCI-8-1-2019-100x100.png)
The BCI at 255.1 is up from last week’s downward revised 254.1, and remains below the previous high of this business cycle indicated by the BCIp of 80.0. Also, the 6-month smoothed annualized growth BCIg at 8.8 is above last week’s 8.7.
Both BCIp and BCIg are not signaling a recession.
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