ECRI Short Leading Even Closer to "Guaranteed Recession" Territory

Jul 02, 2010 10:02

ECRI Weekly Leading Index growth rate for the week ending June 25 fell to -7.7% from the prior week's -6.9%, both levels that historically precede recessions roughly two-thirds of the time on the order of roughly one to three months.

From FXMarketAlerts.com

US ECRI weekly leading index growth rate -7.7%








recessions, leading indicators, ecri

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