ECRI Weekly Leading Index Update
(For The Week Ending December 9, 2011)
I have not take a look at this for a while. Last year’s -10% growth rate breach has not resulted in a recession. We have a re-run this year, but the recovery has been weaker in recent weeks.
ECRI Weekly Leading Index for week ending December 9, 2011 was reported down 7.5% y-o-y. Prior reading was at -7.7%.
