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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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Mar 28 2013

Near-term Drivers of Global Growth

With the Eurozone mired in crisis, and economy after economy slipping into recession, opportunities for stronger growth around the world are few and far between. Yet several consensus forecasts are seeing glimmers of a global growth revival in the coming months. If so, given the importance of global trade, this would mean that countries plausibly have more options for a lifeline when their domestic growth weakens.

ECRI’s latest study outlines if indeed there is any identifiable economy that can act as a locomotive to pull global growth along, or whether global growth is set to dwindle further in the months ahead.

Related News & Events

Recession in the Yo-Yo Years

ECRI March 8, 2013

Year-over-year growth in nonfarm payroll jobs has now dropped to an 18-month low, and household job growth has dropped to a 16-month low. See images and notes on the state of the business cycle. More

 

Stock Prices and Recessions

CBS March 18, 2013

When people say that we cannot be in recession now because stock prices are rising, it is important to know that we have seen this movie before. More

 

Interview on Jobs & Recession

CNBC April 7, 2013

How the latest jobs data squares with ECRI's recession call. More