Daily Archives: July 12, 2010

ECRI WLI Growth History

For a variety of reasons, I am not as enamored with ECRI’s WLI and WLI Growth measures as many are.

However, I do think the measures are important and deserve close monitoring and scrutiny.

Toward that end, I recently came about a July 5 article, found here, from Doug Short that provides a good (and concise) historical perspective and review on ECRI WLI Growth rates.  His charts comparing WLI Growth to GDP and the Fed Funds rate go back to 1965, as shown.

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SPX at 1077.96 as this post is written