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The BCI gained 0.7 points, now at 182.7 up from last week’s 182.0. No recession is signaled by both the derived indicators; BCIg, now at 20.9 is near last week’s 20.8, 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. This week, the BCI gained 0.7 points, now at 182.7 up from last week’s 182.0. No recession is signaled by both the derived indicators; BCIg, now at 20.9 is near last week’s 20.4, and BCIp at 100.0 indicates that, for this business cycle, BCI is at a new high.
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The BCI dropped 0.4 points to 182.0 from last week’s 182.4. No recession is signaled by both the derived indicators; BCIg, which is still rising, at 20.8 up from last week’s 20.4, and BCIp dropped to 95.4 from last weeks 100.0.
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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. This week, the BCI dropped 0.4 points to 182.0 from last week’s 182.4. No recession is signaled by both the derived indicators; BCIg, which is still rising, at 20.8 up from last week’s 20.4, and BCIp dropped to 95.4 from last weeks 100.0.
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