January 6, 2012, 3:03 PM.
ECRI Leading Index Starts Moving Lower Again.
By Mark Gongloff
The WLI fell this week to 102.2, its lowest absolute level since October 7. The rolling growth rate fell to -8.2% from -7.6% last week. That’s the lowest growth rate since early November.
Is this a hiccup or the start of a trend? Who knows, of course, and it’s hard to predict, given that we don’t know what goes into the leading index