Comments | the_recession: 2007-20WWWWW

cieldumort in the_recession

2007-20WWWWW

Sep 09, 2011 23:37

From Advisorperspectives.com

ECRI Growth Metric Drops Yet Deeper into Negative Territory
By Doug Short
September 9, 2011

The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) has now dropped further into negative territory after oscillating in a narrow range (1.5 to 2.1) from late June through the first week ( Read more... )

doug short, the |_____ club, leading indicators, double dips, ecri

Comments 2

sophiaserpentia September 10 2011, 06:14:23 UTC

This summer seems to be almost as bad economically as last summer. Maybe it's becoming a new seasonal pattern?

cieldumort September 16 2011, 04:29:03 UTC

Almost seems that way, yea. Really, the second quarter of a year, for various reasons, often tends to be a bit stronger .. we saw that, for example, during 2008, right in the thick of the Great Recession, when GDP was actually positive, so there probably is some kind of cosmic payback come summer and fall, yano?