ECRI Weekly Leading Index Down 9.8%
We are just 0.2% shy of -10.0% critical level which has historically predicted recession with 100% accuracy.
Chart 1. ECRI Weekly Leading Index
Global Macro Perspectives
July 16th, 2010 by Belisarius
We are just 0.2% shy of -10.0% critical level which has historically predicted recession with 100% accuracy.
Chart 1. ECRI Weekly Leading Index
This entry was posted on Friday, July 16th, 2010 at 11:50 am and is filed under 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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