Business Cycle Index
![BCI-12-26-2019](https://imarketsignals.com/wp-content/uploads/2019/12/BCI-12-26-2019-100x100.png)
The BCI at 262.0 is above last week’s downward revised 261.6, and remains below the previous high for this business cycle indicated by the BCIp of 98.5. However, the 6-month smoothed annualized growth BCIg at 11.4 is below last week’s 11.7.
Both BCIp and BCIg are not signaling a recession.
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