ECRI's WLI Growth Index which forecasts economic growth six months forward remains in positive territory for over one year - after spending the previous 35 consecutive weeks in negative territory. This is compared to RecessionAlerts similar weekly leading index.

Analyst Opinion of the trends of the weekly leading indices

Both ECRI's and RecessionAlerts indicies are indicating moderate growth six months from today. Both indices are in a growth cycle but show the rate of growth trend slowing. They are indicating conditions 6 months from today should be somewhat better than today.

Current ECRI WLI Level and Growth Index:

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Here is this week's update on ECRI's Weekly Leading Index (note - a positive number indicates growth):

Comparison to RecessionAlert Weekly Indicator

RecessionAlert also produces a weekly foreward indicator using different pulse points tha ECRI's WLI. Here is a graph from dshort.com which compares the two indices. These indices are now showing slightly different trends.

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Coincident Index:

ECRI produces a monthly coincident index - a positive number shows economic expansion. The April index value (issued in May) shows the rate of economic growth improved.

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ECRI produces a monthly inflation index - a positive number shows increasing inflation pressure. Inflation pressures are receding

U.S. Future Inflation Gauge:.

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ECRI produces a monthly Lagging index. The March economy's rate of growth (released in April) showed the rate of growth unchanged..

U.S. Lagging Index:

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