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ECRI: Economic Weekly Leading Index and Annualized Growth Rate
USA Economic Weekly Leading Index Drops to 6-Week Low
USA WLI Annualized Growth Rate Drops to 3-Week Low
The Weekly Leading Index page has been updated with the latest report by the Economic Cycle Research Institute for the week ended January 21, 2011. The related charts (Weekly Leading Index and Annualized Growth Rate) have also been updated. A video of an interview with Lakshman Achuthan, Managing Director of ECRI, discussing no double dip recession and no rapid recovery, has also been included. Mr. Achuthan did comment on the data last week, for the week ending January 7, 2011, "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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