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The BCI rose 0.9 points to 182.4 from last week’s 181.5. No recession is signaled by both the derived indicators; BCIg rising to 20.4 from last week’s 19.7 and BCIp remains at 100.
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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 rose 0.9 points to 182.4 from last week’s 181.5. No recession is signaled by both the derived indicators; BCIg rising to 20.4 from last week’s 19.7, and BCIp remains at 100.
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Knowing when the U.S. Economy is heading for recession is paramount for successful investment decisions. We have designed the weekly Business Cycle Index (BCI) so it would have provided early reliably warnings for the past seven recessions. This week, the BCI rose to 181.5. No recession is signaled by both the derived indicators BCIg=19.6 and BCIp=100.
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The BCI at 181.5 is up from last week’s 180.6. The BCIg, the six month smoothed annualized growth of BCI, is at 19.6 also up from last week’s upward revised 19.1.
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