"The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) has now dropped further into negative territory after oscillating in a narrow range (1.5 to 2.1) from late June through the first week of August.
Today's update of the publicly available data (through September 9) now puts the decline at -7.1, down from last week's revised -6.6 (previously -6.2). The interim high of 8.0 was set in the week ending April 15.
For a closer look at the movement of this index in recent months, here's a snapshot of the data since 2000..."
at http://www.businessinsider.com/ecri-index-leading-economic-indicators-negative-2011-9?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29#ixzz1YErF5WYj
Today's update of the publicly available data (through September 9) now puts the decline at -7.1, down from last week's revised -6.6 (previously -6.2). The interim high of 8.0 was set in the week ending April 15.
For a closer look at the movement of this index in recent months, here's a snapshot of the data since 2000..."
at http://www.businessinsider.com/ecri-index-leading-economic-indicators-negative-2011-9?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29#ixzz1YErF5WYj
