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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May 06 2013

Manufacturing Jobs Growth Stalls Out

Growth in U.S. industrial jobs seems to have reversed course recently after the addition of roughly half a million manufacturing jobs over the last three years. In fact, the latest jobs report shows year-over-year manufacturing job growth falling to a 30-month low.

Is this downturn an anomaly, or is further weakness coming? ECRI’s latest study paints a clear picture of what lies ahead for industrial sector job growth.

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What Wealth Effect?

ECRI May 31, 2013

The latest drop in consumer spending is consistent with the recessionary plunge in yoy U.S. import growth into negative territory. More