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A reliable source for recession forecasting is the unemployment rate, which can provide signals for the beginnings and ends of recessions. The unemployment rate model (article link), updated with the October figure of 5.8%, does not signal a recession now.
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The BCI at 186.3 is near last week’s downwards revised 186.2. No recession is signaled by both the derived indicators; BCIg, expressed to one decimal place, is unchanged from last week’s 21.7, and BCIp at 100.0 indicates that, for this business cycle, BCI is at a new high.
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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 186.3 is near last week’s downwards revised 186.2. No recession is signaled by both the derived indicators; BCIg, expressed to one decimal place is unchanged from last week’s 21.7, and BCIp at 100.0 indicates that, for this business cycle, BCI is at a new high.
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The BCI at 186.3 up from last week’s downwards revised 185.3. No recession is signaled by both the derived indicators; BCIg, now at 21.7 up from last week’s downward revised 21.3, and BCIp at 100.0 indicates that, for this business cycle, BCI is at a new high.
Read more >
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 186.3 up from last week’s downwards revised 185.3. No recession is signaled by both the derived indicators; BCIg, now at 21.7 up from last week’s downward revised 21.3, and BCIp at 100.0 indicates that, for this business cycle, BCI is at a new high.
Read more >