ECRI Weekly Leading Index Down 9.8%

July 16th, 2010 by Belisarius

We are just 0.2% shy of -10.0% critical level which has historically predicted recession with 100% accuracy.

Chart 1. ECRI Weekly Leading Index

Source: Bloomberg

This entry was posted on Friday, July 16th, 2010 at 11:50 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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