It was a beautiful weekend here on the central California coast. Seems like everyone was out surfing, golfing, taking walks on the beach — at least that’s what I heard. I spent the weekend poring over ECRI’s Weekly Leading Indicators for the past 30 years. Okay, in the interest of fair disclosure, Friday night was … continue reading →
Tag Archives: ECRI
ECRI’s Weekly Leading Indicator (WLI) came out Friday at 130.2 — up from 129.6 the week before. Further, they reported that the index’s annualized growth rate increased from 8.2 the previous week to 8.9% — the highest since May 2010. I wondered: are they retracting their Sep 2011 recession forecast? Are things really getting better? … continue reading →