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.

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Jan 24 2014

Construction Sector Key to Overall Growth

Many believe the construction sector will be a major driver of U.S. economic growth in 2014, with non-residential construction in particular expected to catch up to a booming residential sector. Given the strength with which construction sector data are closing out 2013 – namely, 122,000 jobs added in the past year, residential building permits near a 64-month high, and construction spending at a 56-month high – it might seem reasonable to extrapolate that performance into the future, which, in turn, would bode well for the overall economy.

Are these beliefs well founded? ECRI’s latest in-depth study answers this question, revealing a clear trajectory for construction sector growth – an area many are depending on to fuel the economy in the year ahead.

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Secular Stagnation

Fox Business News January 22, 2014

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Cyclical & Secular Outlook

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Cyclical Outlook

CNBC January 14, 2014

ECRI's Lakshman Achuthan joined CNBC this morning to discuss the cyclical outlook. More