According To ECRI's Lakshman Achuthan, We Are 8 Months Into A Recession Doug Short, Advisor PerspectivesFebruary 1, 2013, 6:33 PM The Weekly Leading Index (WLI) of the Economic Cycle Research Institute (ECRI) slipped in the latest public data. It is now at 129.7 versus the previous week's upwardly revised 130.7 (previously 130.6). See the WLI chart in the Appendix below. However, the WLI annualized growth indicator (WLIg) rose, now at 8.3, up from last week's 7.2. WLIg has been in expansion territory since August 10th of last year, and it is at its highest level since May of 2010. ECRI...
