ECRI: Slowdown In U.S. Economy, Global Industrial Growth Underway Using Long Leading Indicators

Lakshman Achuthan, co-founder of the Economic Cycle Research Institute (ECRI), told WSJ TV today that ECRI's long leading indicators were predicting a cyclical economic slowdown in U.S. that could last a couple of quarters.

"Now when we look this summer, the first call is a slowdown in global industrial growth (manufacturing sector). Looking at U.S. specific cycle indicators, we see in the wake of that call for a global industrial slowdown, we see a slowdown in the broad U.S. economy (services, construction etc)."

Watch the full interview below. ECRI has free excel data and charts available at their website which includes the U.S. Future Inflation Gauge, U.S. Leading Home Price Index, U.S. Weekly Leading Index (and growth), U.S. Coincident Index and U.S. Lagging Index.