The Economic Cycle Research Institute’s Lakshman Achuthan, whose group has a strong track record of forecasting economic cycles, continues to think we’ve been “tipping into a recession” since September. Achuthan tells CNBC that ECRI sees a “contagion among the forward-looking indicators” that the group looks at to forecast economic movements, though he declined to discuss [...]
Read moreECRI Chief Sees Growth Slowing in Second Half
Lakshman Achuthan of the Economic Cycle Research Institute, which has an exceptional track record of economic forecasting, says the economy is slowing in a cyclical fashion — not just because of short-term, anomalous issues like the Japanese earthquake and tsunami. Achuthan tells Bloomberg that he sees growth slowing in the second half of the year, [...]
Read moreAchuthan, ECRI See Slowdown, But No New Recession
Economic Cycle Research Institute Managing Director Lakshman Achuthan, whose group has an impressive track record of forecasting economic trends, says global industrial growth is headed for a slowdown. But he doesn’t think another recession is coming. “There’s a downturn in global industrial growth in clear sight,” Achuthan says, according to Investor’s Business Daily. “Commodity price [...]
Read moreECRI Chief: Stop Calling Recovery “Fragile”
Lakshman Achuthan, the managing director of the Economic Cycle Research Institute, says a consumer revival is providing a big boost to the economy, and says the recovery is no longer “fragile”. Achuthan, whose group has a solid track record of predicting economic shifts, tells Bloomberg that the economy’s “immune system” is “quite robust” right now, [...]
Read moreECRI Chief: Growth “Revival” Coming Soon
Lakshman Achuthan, the managing director of the Economic Cycle Research Institute, says recent economic data puts the “nail in the coffin” of the double-dip recession fears, and says he expects a “revival” of growth in the early spring of 2011. In an interview on Bloomberg TV, Achuthan also discusses the employment outlook and the disconnect [...]
Read moreDouble-Dip No Longer a Threat, Top Forecasting Group Says
Lackshman Achuthan, director of the Economic Cycle Research Institute, says the threat of a double-dip recession is over. Achuthan, whose group has an excellent track record of forecasting economic cycles, tells CNBC that ECRI’s leading indicators are now definitively showing that a double-dip is off the table. He says the economy is likely headed for [...]
Read moreECRI Director: Recovery Real, but Unemployment a “Structural” Problem
Lakshman Achuthan, managing director of the Economic Cycle Research Institute, says he thinks we’re in a “real recovery”, but that the high long-term unemployment rate is part of a structural problem that won’t be cured by the current recovery. Achuthan, whose group has a strong track record of forecasting business cycles, also tells Bloomberg that [...]
Read moreAchuthan: Unemployment Report Not a Game-Changer
Lakshman Achuthan, managing director of the Economic Cycle Research Institute, says last week’s May jobs report was a disappointment, but isn’t a “game-changer” for the economic recovery. Achuthan, whose group has an excellent track record of forecasting economic trends, tells Bloomberg that jobs are a coincident indicator of economic activity — not a leading indicator [...]
Read moreECRI Chief: “Double-Dippers” Will Be Wrong — Again
The Economic Cycle Research Institute (ECRI) has a great track record of calling the beginnings and ends of recessions and expansions. And now, its leading indicators are signaling that, while growth is likely to slow, a new recession is not on the horizon. “The ‘double-dippers’ will still be denied,” Lakshman Achuthan, the group’s managing director, [...]
Read moreECRI Director: No Recession this Year
Economic Cycle Research Institute Managing Director Lakshman Achuthan, whose group has an excellent track record of economic forecasting, says that the current recovery is the Rodney Dangerfield of recoveries — it’s not getting any respect. Achuthan tells Bloomberg that a number of pieces of data are showing that the recovery is stronger than many think, [...]
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November 10, 2011
