Friday, July 2, 2010

Weekly ECRI Leading Indicator Down, Again

This week's ECRI Index growth rate (year-over-year) came in at -7.70%. A drop below -10.0% and all kinds of recession bells go off. Double dip here we come.

Since July 1990, the all time high growth on the ECRI has been 28.50%. That occurred on 10-09-09. The all time low was -29.70% on 12-05-08.

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