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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Live2Sail who wrote (60825)8/26/2006 1:09:22 AM
From: XBritRead Replies (1) | Respond to of 306849
 
Looking at ECRI's historical charts, when the smoothed growth rate falls below about -5% that's a pretty reliable recession flag. Not there yet, but it's certainly been cliff-diving recently.

Just a couple of charts are probably fair use, right? WLI is ECRI's flagship leading indicator index, and USCI is their "coincident index" which correlates closely with GDP growth rates.