RecessionAlert Weekly Leading Index Update

***We no longer have access to this data and thus have ceased updating. ***

The latest index reading came in at 10.3, up from 8.85 the previous week.

RecessionAlert launched an alternative to ECRI's Weekly Leading Index Growth indicator (WLIg). The Weekly Leading Economic Index (WLEI) uses fifty different time series from these categories: Corporate Bond Composite, Treasury Bond Composite, Stock Market Composite, Labor Market Composite, Credit Market Composite. RecessionAlert emphasizes that WLEI is a growth index and its data is no more than a week old, as is ECRI's WLIg.

Here is an excerpt from the description: