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, [...]
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Tag Archives: Lakshman Achuthan
ECRI Director: No Recession this Year
March 4, 2010
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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, [...]
Read moreNo “New Normal”, but More Frequent Recessions, Says Top Forecaster
December 31, 2009
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Lakshman Achuthan, managing director of the Economic Cycle Research Institute, says the U.S. economy will not enter a “new normal” of slow, anemic growth, but also says we’re headed for a period of more frequent recessions and “chronically high” jobless rates. Achuthan, whose group has a strong track record of forecasting economic movements, also tells [...]
Read moreTop Forecasting Group: V-Shaped Recovery Unstoppable
October 9, 2009
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The managing director of the Economic Cycle Research Institute — whose leading indicators have a very solid track record of predicting economic trends — says we’re in the early stages of a “V”-shaped recovery that will be “virtually unstoppable” through the first half of 2010. “We are in the early stages of the recovery and [...]
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