Weekly Business Cycle Indicators – Data through 7/27

From Lewis, Mertens, Stock NY Fed WEI, and Baumeister, Leiva-Leon, Sims Economic Conditions Index:

Figure 1: WEI (blue), WECI and 2% (tan), in %. Source: NY Fed via FRED, Baumeister et al.

In the series (sure to be updated) until the end of July, the recession has not yet arrived. There are no guarantees for August or later.

For monthly indicators tracked by the NBER’s Business Cycle Index Committee, see here.