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

Source: Bloomberg

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.

 

Leave a Reply

Get Adobe Flash playerPlugin by wpburn.com wordpress themes