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SFY - ECRI Weekly Leading Index Update: WLIg Plummets
SoFi Select 500
By Jill Mislinski
April 3 morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 106.0, down 7.0 from the previous week. The WLI Growth indicator is now at -26.9, down 11.4 from last week and its lowest since the last recession.
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.