Our Composite Early-Cycle Indicator (ECI)

Anticipate Economic Changes



Report Date

June 2023

ECI Composite 12m

-1.99


Our benchmark 12-month Composite ECI indicator points to the US economy being in recession towards the end of the year. The 12-month composite ECI Expansion Index rose slightly from -97% in May 2023 to -95% in June 2023.


Next ECI report release date: 3-July-2023