Bookmark and Share

Offbeat Economic Indicators

WNYC's The Takeaway
August 07, 2009

(WNYC) - "Unemployment numbers are due out this morning and economic analyst Lakshman Achuthan, Managing Director of the Economic Cycle Research Institute, joins us with his predictions.

In April, Lakshman predicted that we’d be coming out of the recession this summer. We wanted to road test some of your ideas, so The Takeaway's Femi Oke went looking in unusual places for indications on how the economy is doing. First stop: the ASPCA in New York City, where the rates of pet adoptions tend to follow people's economic well-being. Could the dogs here give us a peek at which direction the economy is going?"

ECRI is perhaps the only organisation to give advance warning of each of the past three recessions; just as impressive, it has never issued a false alarm.

- The Economist, Jan. '05

Not a Client?
Go Pro Today!Go Pro!

Read this jewel of a book and start your own personal cycle upturn.

Jim Grant

More Information >