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NEWARK, N.J., June 7 /PRNewswire/ -- Despite recent optimism about a resurgent trade economy, the Economic Cycle Research Institute says recent movements in markets for raw industrial materials suggest global industrial growth is slowing, making a new economic slowdown very likely, according to a report by the business cycle analysts published in The Journal of Commerce this week.
(Photo: http://www.newscom.com/cgi-bin/prnh/20100607/NY16938 )
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One of the foremost economic forecasters, the Economic Cycle Research Institute, recently predicted that "a recession (defined as two consecutive quarters of negative gross domestic product) is on the way and it is unavoidable." These economists should not be taken lightly. They correctly predicted the last three recessions and developed the methods used by the leading economic indicators. They have a "long history of measuring and predicting turning points" in the economy.
If we are headed for a recession, it may not feel much different than what we are experiencing now. Economic activity has been so weak that even if GDP drops for a quarter or two, it may not feel any different.
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...economy through a prolonged period of economic growth and stability, throughout the 1980s and 199...The researchers find that monetary policies during the Volcker-Gre... Economic Research (NBER) and the Economic Cycle Research Institute (ECRI). (The NBER chronology of...
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The U.S. and global economies are sliding toward serious deflation. The Obama administration and its predecessor have spent hundreds of billions of dollars on stimulus packages but the recession continues to worsen.
Money supply is plummeting at a rate of 9.6 percent a year, the velocity of money circulation is falling and the leading economic index of the Economic Cycle Research Institute is in freefall at a negative 10 percent.
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By Luther Turmelle
North Bureau Chief lturmelle@nhregister.com
... made earlier this month by the Economic Cycle Research Institute, a New York City-based in...
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By Bernard Condon
The Associated Press
...On Monday, an important economic indicator suggested business activity in the zone ...." And the co-founder of the Economic Cycle Research Institute, a forecasting firm that predic...
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..."At the moment historically significant economic indicators line up about even on opposing sides of..., says Pretti, the well-watched Economic Cycle Research Institute (ECRI) weekly economic indicato...
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NEW YORK - After 14 summit meetings, stock market turmoil and even a fistfight between Italian lawmakers, European leaders have finally agreed on a rescue package that will stop the debt crisis there from dragging the world into recession.
That's the hope, at least.
...On Monday, an important economic indicator suggested business activity in the zone ...." And the co-founder of the Economic Cycle Research Institute, a forecasting firm that predic...
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... have been surprised by the 2007-2009 economic collapse. Indeed, by following just a few simple e.... The Framework . The research-based framework involves three steps for achieving... Friday by the Economic Cycle Research Institute. This is a well-tested indicator that has accurate...
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Homebuyers are seeing the lowest mortgage rates in five months after last week's federal takeover of Fannie Mae and Freddie Mac, creating conditions that Anne Arundel real estate and financial experts say could turn around the local market.
And there's been a bump in activity in the past week with more people looking at homes or considering refinancing old loans, mortgage brokers and real estate agents said.
... Achuthan, managing director of the Economic Cycle Research Institute in New York. "It doesn't ...