Friday, May 1, 2009

ECRI: End of Recession Now Clearly In Sight

Economic Cycle Research Institute is reporting that its Weekly Economic Index of Leading Indicators ticked up to 107.7, a 13 week high.

"With the level of the WLI in an upswing for 7 weeks now, an end to the recession is now in clear sight," said Lakshman Achuthan, managing director at ECRI.

Obviously, the data hounds, and ECRI is among the best of them, are on top of the turn in the economy.

Now, it's only a matter of time before the turn in the numbers will be obvious to all.

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