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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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Feb 12 2015

The Outlook for Business Investment May Surprise You

With Fed policy remaining accommodative, the fiscal drag dissipating, and low oil prices propping up consumer spending, optimism abounds that this will be the year that the U.S. economy finally gets back to the heady days of 3% trend growth. However, with global growth slowing amid stagnating global trade, a return to robust growth in the U.S. is far from a certainty.

Of particular note is the outlook for business investment, which has disappointed in recent years, and is one key determinant of whether the U.S. economy will takeoff. Will business investment gather momentum, and join the service sector to offset an industrial slowdown, or will it underperform, weighing on an economy that many believe is on track for faster, sustained growth?

In its latest research, ECRI takes a detailed look at cyclical prospects for business investment growth, providing valuable insight into a major driver of the economy that is vital for any sustained takeoff.

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Detailed Interview on our Approach

Real Vision TV December 5, 2014

Discussing ECRI's research approach, with comments on the outlook, in a 69 minute interview with Real Vision TV. More