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Knowing when the U.S. Economy is heading for recession is paramount for successful investment decisions. Our weekly Business Cycle Index (BCI) would have provided early reliably warnings for the past seven recessions. The BCI at 183.7 is down from last week’s 184.0. No recession is signaled by both the derived indicators; BCIg, at 16.9 is down from last week’s 17.7, and BCIp at 81.6 indicates that, for this business cycle, BCI is slightly down from its previous peak.
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Knowing when the U.S. Economy is heading for recession is paramount for successful investment decisions. Our weekly Business Cycle Index (BCI) would have provided early reliably warnings for the past seven recessions. The BCI at 184.06 is near last week’s downward revised 184.05. No recession is signaled by both the derived indicators; BCIg, at 17.7 is down from last week’s 18.2, and BCIp at 85.2 indicates that, for this business cycle, BCI is slightly down from its previous peak.
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