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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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Shifting Patterns in Recessions and Recoveries


On June 11th ECRI's Lakshman Achuthan spoke at the Madrid Fund Forum conference.

The presentation was titled, "Shifting Patterns in Recessions and Recoveries"

Click here for a PDF file of the presentation slides with notes.

 

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Simple Math: ½% + ½% = 1%

ECRI June 11, 2015

With productivity growth and potential labor force growth both averaging ½% a year, trend real GDP growth is converging to 1% a year. More

 

The “Subpar” Recovery: a Longstanding Misunderstanding

ECRI June 11, 2015

Most believe we’ve had a “subpar” recovery. But nothing more by way of growth is owed to us by the business cycle. More

 

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