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Feb 23 2012

Can the U.S. Consumer Keep Spending?

Upbeat jobs data has helped dissipate recession fears. However, the notion that this improvement can keep recession at bay seems to conflict with the more desperate reality facing many, who, over the past several months, have seen persistently negative income growth. ECRI’s latest analysis examines the jobs data and relates it to the cyclical drivers of consumer spending growth, thereby gaining insights about future spending.

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New York Times December 18, 2011

The American economy certainly isn't at peak strength. With unemployment at a painfully high 8.6 percent, it can't be. More


Upcoming Interview

Bloomberg February 24, 2012

ECRI's Lakshman Achuthan will talk with Bloomberg Radio's Ken Prewitt and Tom Keene at 8:00 AM (ET) about ECRI's updated outlook.


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