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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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Wage Growth Falling Faster


Year-over-year nominal average earnings growth was already lackluster, despite the January boost from higher minimum wages. But, wage growth is now falling faster (lowest since 2012 for production and non-supervisory workers).

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The Song Remains the Same

ECRI February 23, 2015

$11,000,000,000,000 is a big number. More