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Aug 22 2011

ECRI Assesses U.S. Recession Risks

With recent stock market declines and weaker-than-expected economic data showing that U.S. economic growth is indeed slowing, ECRI's forecast from last spring is being vindicated.

Today, many economists, who had been expecting a second-half rebound until recently, now believe U.S. economic growth will be anemic, but not recessionary. Amid such double-dip discussion dominating the current debate, ECRI's latest assessment of its array of leading indexes provides the clearest picture of whether a hard or soft landing lies ahead.

This information is excerpted from a full report issued August 22, 2011 to Professional members.

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