Friday, October 12, 2012

USA Weekly Leading Index at 61-Week High!

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ECRI Weekly Leading Index and Annualized Growth Rate


Lakshman Achuthan and the ECRI According to Lakshman Achuthan's interpretation of his economic indicators (the Weekly Leading Index, the Annualized Growth Rate, and other metrics), a USA Recession is here, right now. He initially predicted in September 2011 there would be an eventual economic downturn. He has continued affirming since. Achuthan had said it could take up to a year from December 2011 to prove him correct. The video below is Achuthan's latest comments.

USA Weekly Leading Index


USA Annualized Growth Rate


ECRI's Achuthan Says U.S. Economy Is in Recession July 10 (Bloomberg) -- Lakshman Achuthan, chief operations officer of the Economic Cycle Research Institute, talks about the performance of the U.S. economy. Achuthan speaks with Tom Keene and Sara Eisen on Bloomberg Television's "Surveillance." (Source: Bloomberg) Watch video here.

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