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Stimulus vs. the Business Cycle

CNN American Morning
January 25, 2010

(CNN) - ECRI's Achuthan appeared on American Morning to discuss how the stimulus relates to the recovery.

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12/08: (ECRI’s) forecast of the recession helped us anticipate reduced merchandise sales; we proactively revised our inventory forecasts down months ago, and that has helped to greatly minimize the inventory swell and need for markdowns.

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