Inquiring minds have been watching the ECRI Weekly Leading Indicators go into a veritable freefall all since the beginning of the year. On January 29, the WLI was at +21.3 On February 26, the WLI was at +13.6 On May 28, the WLI was at +0.1 That was the last positive reading. The three readings for June have all been negative: -3.7, -5.8, and the reading on June 25 (for the week of June 18) has dropped to -6.9 Monthly Leading, Lagging, Coincident Indicators Here is a detail look …

More:
ECRI Weekly Leading Indicators at Negative 6.9; How Likely is a Double Dip?