Relevant:
- ECRI Weekly Leading Indicators at Negative 9.8; ECRI Has Likely Blown Another Recession Call
- It's Going to Get Worse - Recession Coming (Or already here)
- ECRI Leading Indicators Dip Again; Is a Double-Dip Recession Coming?
- ECRI Leading Economic Index Plunges At -6.9% Rate, Back To December 2007 Levels When Recession Officially Started
- ECRI's Weekly Leading Index: No Business Cycle Upturn in Sight
2010-06-13 — blogspot.com
"The interesting thing is the ECRI claims to have predicted every recession, but the reality is they are typically late. The last recession (assuming we are not still in it) started in November of 2007. It appears the ECRI was on time, but the only reason it appears that way is the NBER was even slower in declaring the recession."
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