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.

About ECRI Reports

ECRI's analysis of pivotal shifts in the business cycle allows our members a critical advantage.

Costly business and trading mistakes are made when a cyclical turning point isn't detected. By contrast, ECRI delivers accurate warning of economic and inflation cycle turning points for major developed and developing economies.

Members receive the reports listed below, which offer in-depth analysis covering 21 economies accounting for 80% of world GDP — vital information needed to decipher the complex dynamics of the global economy.


Critical insights from the ongoing story told by the objective ECRI framework as it relates to current events, including emerging opportunities and threats.

  • U.S. Cyclical Outlook
  • International Cyclical Outlook


In-depth research on diverse topics from a unique cyclical perspective, including new research advances, major cyclical calls and urgent contemporary concerns.

  • U.S. Cyclical Outlook
  • International Cyclical Outlook

ECRI Weekly Update

On Friday mornings we call out key issues and provide brief updates to ECRI's outlook, including:

  • Advance updates of select indexes, including global aggregates and international Future Inflation Gauges

Contact us to become a member and start receiving ECRI reports, data and advisory services.

ECRI Services

The clarity and conviction to break from the crowd at the right time.

Learn More


In March [2009], the month the market scraped bottom, ECRI went forth with [a] tablepounding historical observation… The implication could not have been clearer that a market rally, when it started, would be no sucker's affair but the real McCoy.
- Grant's Interest Rate Observer
ECRI continues to be an important resource in determining our tactical allocation. For over a decade their economic cycle forecasts and detailed research topics have been a critical part of our decision making process.
- ECRI Professional Member
Inflation Ahoy! We're indebted to the ECRI, that unnapping watchdog of inflation, for the FIG data.
- Alan Abelson, Barron's
ECRI can justify a certain smugness now that business cycles are back in fashion. The institute called the last two recessions and the current recovery months ahead of the pack.
- Harvard Business Review
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
ECRI has had a very stellar record. They've been making pretty bold calls and going against the conventional wisdom. So far their record has been one of the most impressive, and has been written up in the press as well as talked about in policy circles.

Our Track Record

ECRI Services

Highlights of ECRI's calls.

View the Timeline