Business Cycle Index
![BCI-3-19-2020](https://imarketsignals.com/wp-content/uploads/2020/03/BCI-3-19-2020-100x100.png)
The BCI at 255.7 is down from last week’s downward revised 258.7, and is below the previous high for this business cycle indicated by the BCIp of 57.4. Also, the 6-month smoothed annualized growth BCIg at 7.4 is down from last week’s 8.9. Please also refer to
this article regarding the COVID-19 pandemic influences on the BCI
Both BCIp and BCIg are not signaling a recession.
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