Interpreting Movements in the Composite Index of Leading Indicators

Stekler, H. O.
July 2003
Business Economics;Jul2003, Vol. 38 Issue 3, p58
Academic Journal
Examines the forecasting performance of the Composite Index of Leading Indicators (CLI) in predicting the cyclical turning points of the U.S. economy. Impact of the accuracy of various historical versions of the CLI on its performance; Significance of the real-time movements of the CLI to its quality as a forecaster; Effect of the failure of the CLI on U.S. economists.


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