ECRI Weekly Leading Index Down 10.5%
We have crossed the -10.0% critical level which has historically predicted recession with 100% accuracy.
Chart 1. ECRI Weekly Leading Index
Global Macro Perspectives
July 23rd, 2010 by Belisarius
We have crossed the -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 23rd, 2010 at 8:43 am and is filed under Markets. 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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July 23rd, 2010 at 8:52 am
As of what date is this from?
July 23rd, 2010 at 12:25 pm
Released today, for July 16.