Business Cycle Index
![BCI-9-12-2019](https://imarketsignals.com/wp-content/uploads/2019/09/BCI-9-12-2019-100x100.png)
The BCI at 257.1is up from last week’s downward revised 256.6, and remains below the previous high of this business cycle indicated by the BCIp of 91.9. However, the 6-month smoothed annualized growth BCIg at 10.2 is below last week’s downward revised 10.4.
Both BCIp and BCIg are not signaling a recession.
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