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02 January 2015: ECRI’s WLI Decline Continues – Going Deeper Into Negative Territory
Friday, January 9, 2015 9:26
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ECRI’s WLI Growth Index declined and has remained in negative territory for 12 weeks. This index is forecasting a slight business cycle contraction in 1H2015. Obviously the markets do not share ECRI’s view the business cycle is taking a downturn. ECRI also released their inflation index and is discussed below.
Source: http://econintersect.com/b2evolution/blog1.php/2015/01/09/02-january-2015-ecri-s-wli-decline-continues-going-deeper-into-negative-territory
