ECRI Weely Leading Index – 11/19/2010

Today the Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) registered negative growth for the 24th consecutive week, coming in at -4.5. The rate of contraction has been lessening for the past 16 weeks. The latest weekly number is based on data through November 12.  That is in sharp contrast with what picture drawn by CMI weighted index.

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