ECRI US Leading Economic Index Falls to 126.4 (5yr Low) in Week Ended August 8 (126.9 Prior)
Friday, August 15th, 2008The ECRI’s annualized growth rate was -10.8% vs. -9.6% the week prior.
The ECRI’s annualized growth rate was -10.8% vs. -9.6% the week prior.
The ECRI’s annualized growth rate was -8.9% vs. -7.6% the week prior.
The ECRI’s July inflation index fell to 112.4 in July from 114.9 in June. The inflation index’s annualized growth rate was -7.6% vs. -4.4% prior.
The ECRI index of US leading economic indicators dropped to 128.1 in the week ended July 25, from a revised 129.5 the prior week.
The annualized growth rate was -7.6%, compared to -6.9% the week prior.
The Leading Economic Index is at a 5-yr low.
The ECRI said the leading economic index fell to 131.2 from a revised 132.3 the prior week.
The ECRI said the US inflation gauge fell to 115.2 in June — the lowest since Jan-04 — from 116.6 in May.
On a weekly basis, the annualized growth rate was -6.3% in the week ended June 27 vs. -6% the prior week.
ECRI US Index Annualized Growth Rate: -6.2%, unch. from prior