Business Cycle Index
The BCI at 261.4 is up from last week’s downward revised 260.7, and is below the previous high for this business cycle indicated by the BCIp of 96.6. However, the 6-month smoothed annualized growth BCIg at 9.3 is below last week’s downward revised 9.4.
Both BCIp and BCIg are not signaling a recession.
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