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Cal culates the mean of coordinates MoC , the average of all plotted points, which shows the general state of the economy.

The MoC is especially useful for determining when a recession is near and comparing grids from different periods of time. Calculates a subset of eight leading indicators LD that gives an initial indication of changing economic trends.

Five of the leading indicators are updated within the first week of a month, giving the earliest indications of emerging trends.

The economy is expanding when the MoC shifts to the right and moves upward. The economy is slowing when the MoC shifts to the left and moves downward.

How to Read the BaR Positive economic growth The BaR indicates expanding economic growth when the majority of the plotted economic indicators blue points and the MoC mean of coordinates - red point are in the expansion quadrant and well above the baseline.

Positive, but slowing economic growth Economic growth is cyclical. Indicators hits new highs, then stall or decline slightly, then move upward again.

This can result in a number of economic indicators moving into the decline quadrant and the MoC shifting leftward. With such a movement, as long as the MoC and the economic indicators remain above the baseline, the economy is still growing, but at a decreasing rate of growth.

For example, a drop in building permits from 1. Although growth is still positive 1. The indicator would be plotted in the decline quadrant.

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