Business Cycle Getting Stuck
ECRI's Lakshman Achuthan discusses how the problems withe the job market predated the Great Recession, and how the jobs market reveals both the brief revival and the current cyclical slowdown.
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.