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The ECRI Weekly Leading Index declines to 126.3 from a revised 126.6 last week, but the...

The ECRI Weekly Leading Index declines to 126.3 from a revised 126.6 last week, but the annualized growth rate jumps to 4.7% from 3.8%. It's the highest level for the growth rate since June 2011. The group's future inflation gauge leaped to an 18-month high of 103.4 from 100.6.
Comments (2)
  • And Achutahn says "We do believe we are currently in a recession."
    5 Oct 2012, 01:17 PM Reply Like
  • bbro,

     

    I do agree. It does seem delusional and I have been a strong supporter of them.

     

    They got the slowdown right but to get the rest right it will a whole slew of major revisions to the data.

     

    The only thing they have going for themselves right now is that they are completely contrarian.
    5 Oct 2012, 03:06 PM Reply Like
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