Business Cycle Index:
The BCI at 163.8 is down 0.7 from last week’s revised 164.5
The BCIg at 17.9 is down 1.1 from last week’s revised 19.0
Although both BCIg and BCI are retreating, mainly to an increase in the Continues Claims (Insured Unemployed), these indicators still signal a continued growth of the economy with no recession imminent.
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