A Framework That Provides Clarity

During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.



No 'double-dip' into negative growth at year-end

Lakshman Achuthan, managing director of ECRI, appeared on CNBC this morning and reaffirmed ECRI's April forecast that the recession would end this summer. He also rejected the scenario of a double-dip back down into negative growth at the end of the year.