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ECRI: LEADING INDICATORS CONTINUE TO IMPROVE

The ECRI continues to report improvement in their internal leading indicators.  Despite recent market jitters, the ECRI says the economic recovery is continuing at a healthy clip.  The ECRI said their leading indicator climbed to 132.1 for the week, up from 131.6.  The annualized growth rate edged down to 23.5%.  Lakshman Achuthan, Managing Director at ECRI, remains confident that the recovery is poised to continue in the coming months:

“The ongoing recovery in U.S. economic activity is poised to continue in the months ahead.”

Source: ECRI

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