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Tag Archives: ECRI
The Economic Cycle Research Institute (ECRI) is one of the leaders in business cycle forecasting, but they had one spectacular and very public forecasting failure in the fall of 2011 – when they predicted an imminent U.S. recession. Until that … Continue reading
Predicting recessions is notoriously difficult. However, there is at least one organization that has been successful in the past. The Economic Cycle Research Institute (ECRI) is one of the leaders in business cycle forecasting. According to The Economist magazine (in … Continue reading
In a recent interview for Bloomberg, Lakshman Achuthan, the co-founder and COO of the Economic Cycle Research Institute (ECRI), the world’s leading authority on business cycles, asserts that “we’re in a recession.” A video of the interview is available on … Continue reading
Economic releases were mixed last week. Building permits came in stronger than expected, but are still at anemic levels. Leading indicators were up 0.3% last month, which was also stronger than expected. Unfortunately, the ECRI weekly leading indicator (WLI) declined … Continue reading