Business Cycle Index
The BCI at 253.1 is down from last week’s upward revised 256.8, and is below the previous high for this business cycle indicated by the BCIp of 33.0. Also, the 6-month smoothed annualized growth BCIg at 6.1 is down from last week’s upward revised 8.3.With high probability BCIp will trigger a recession call next week, explained in this article.
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