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SFY - ECRI Weekly Leading Index Update: WLIg At Lowest Levels
SoFi Select 500
By Jill Mislinski
April 17 morning's release of the publicly available data from ECRI puts the WLI at 111.3, up 4.5 from the previous week. The WLIg is at -42.55, down 6.05 from last week and its lowest level in its history.
The ECRI Indicator Year-over-Year
Below is a chart of ECRI's smoothed year-over-year percent change since 2000 of their weekly leading index. The latest level is below where it was at the start of the last recession.