The BCI stands at 167.8 up from last week’s downward revised 167.8. The BCIg, the smoothed annualized growth of BCI, increased to 15.8 is also up from last week’s downward revised 15.1. This upward trend is mainly due to the continued reduction of the Insured Unemployed as reported by the DOL. This week’s BCI shows no recessionary trends.
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BCI Mar 13, 2014
Posted in pmp BCI
BCI Mar 6, 2014
With the S&P 500 rallying to new highs and the decrease in the Continued Claims (Insured Unemployment), as reported by the DOL today, result in the BCI rising to a new all-time high of 166.9 for this business cycle. BCIg at 15.2 is also up from last week’s upward revised 14.6. This week’s BCI is indicates a growing economy.
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Posted in pmp BCI
BCI Jan 30, 2014
The iM Business Cycle Indicator (BCI) is at 162.2 down from last weeks upward revised 164.1.
BCIg fell to 16.3 from last week’s revised 18.0.
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