By Jill Mislinski
This June 21 morning's release of the publicly available data from ECRI puts its Weekly Leading Index ((WLI)) at 144.6, up 0.2 from the previous week. Year-over-year, the four-week moving average of the indicator is now at -2.85%, down from last week. The WLI Growth indicator is now at -2.26, also down from the previous week.
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 above where it was at the start of the last recession.