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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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Apr 22 2013

Will Business Spending Pick Up?

Lately, there has been optimism about a U.S. economic revival, in part because of hopes that business investment will pick up. Although business investment growth peaked in early 2012, a slight uptick in the latest data has led some to argue that a new upturn is in the offing.

In this context, ECRI’s latest report analyzes the primary determinants of future business investment, revealing whether a business investment upturn is actually in the cards for the U.S. economy, or if such talk is just false hope.

Related News & Events

Interview on Jobs & Recession

CNBC April 7, 2013

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

 

Nominal GDP Growth Falls Again

ECRI April 26, 2013

Yoy nominal GDP growth at or below 3.7% has been seen only in recessionary contexts. In Q1/2013, it slipped to 3.4% from 3.5% in Q4/2012. More