ECRI's WLI Growth rate runs up to a 26 year high.

Economic Cycle Research Institute's Weekly Leading Index (WLI) growth rate has run up to a 26 year high:

"...Meanwhile, the index's annualized growth rate leapt to a 26-year high of 13.4 percent from last week's five-year high of 10.4 percent, which ECRI originally reported at 10.5 percent.

It was the index's highest yearly growth rate reading since the week to Aug. 26, 1983, when it stood at 13.9 percent.

"With WLI growth surging, the odds are rising that the early stage of this economic recovery will be stronger than any since the early 1980s," said Lakshman Achuthan, Managing Director at ECRI.

Achuthan recently told Reuters that the national recovery would be stronger than many expect, though signs of such strong growth will not be apparent until sometime next year..."

http://www.businesscycle.com/news/press/1529/

http://www.businesscycle.com/