Friday, January 14, 2011

USA Weekly Leading Index Down, Growth Rate Up (Charts) "U.S. economic growth will soon begin to revive"


ECRI: Economic Weekly Leading Index and Annualized Growth Rate

USA Economic Weekly Leading Index Down a 2nd Week
USA WLI Annualized Growth Rate Continues Positive, at 33-Week High!

The Weekly Leading Index page has been updated with the latest report by the Economic Cycle Research Institute for the week ended January 7, 2011. The related charts (Weekly Leading Index and Annualized Growth Rate) have also been updated. A video of an interview with Laksham Achuthan, Managing Director of ECRI, discussing no double dip recession and no rapid recovery, has also been included. Mr. Achuthan did comment on this week's data, "With WLI growth rising for ten straight weeks to a 33-week high, U.S. economic growth will soon begin to revive."

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* Data courtesy of the Economic Cycle Research Institute *

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