ECRI Weekly Leading Index Down 8.3%

Well, we are just shy of critical level of -10.0% level despite improving initial jobless claims and equity market bounce.

Chart 1. ECRI Weekly Leading Index

Source: Bloomberg

This entry was posted on Friday, July 9th, 2010 at 9:26 am and is filed under Markets, U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

 

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