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Economic Cycle Research Institute (view source)
Revision as of 08:00, October 1, 2011
, 08:00, October 1, 2011Created page with "'''Economic Cycle Research Institute''' (ECRI) is a leading expert on business cycles. ECRI has a history of taking a conservative approach relative to its forecasts rather than ..."
'''Economic Cycle Research Institute''' (ECRI) is a leading expert on business cycles. ECRI has a history of taking a conservative approach relative to its forecasts rather than engage in speculation. For example, in 2010 when many forecasters were declaring that the United States was about to go into a recession, ECRI did not concur with them.[http://globaleconomicanalysis.blogspot.com/2011/09/ecri-calls-recession-based-on-contagion.html]
== Commentary on their economic forecasting record ==
The ''Economist'' magazine noted in 2005, “ECRI is perhaps the only organisation to give advance warning of each of the past three recessions; just as impressive, it has never issued a false alarm.”[http://www.businesscycle.com/aboutecri/approach]
The [[International Monetary Fund]] wrote: “ECRI ‘has actually had a very stellar record’ in forecasting recessions.”[http://www.businesscycle.com/aboutecri/approach]
== Notable blemish in their economic forecasting track record ==
The ECRI missed calling the recession that began in 2007, as well as the strength of it.[http://globaleconomicanalysis.blogspot.com/2011/09/ecri-calls-recession-based-on-contagion.html]
== External links ==
*[http://www.businesscycle.com/ Economic Cycle Research Institute]
*[http://globaleconomicanalysis.blogspot.com/2011/09/ecri-calls-recession-based-on-contagion.html Analyst Mike Shedlock's analysis of their forecasting abilities]
[[Category: Economics]]
[[Category: United States Businesses]]
[[Category: Economic forecasting Organizations]]
== Commentary on their economic forecasting record ==
The ''Economist'' magazine noted in 2005, “ECRI is perhaps the only organisation to give advance warning of each of the past three recessions; just as impressive, it has never issued a false alarm.”[http://www.businesscycle.com/aboutecri/approach]
The [[International Monetary Fund]] wrote: “ECRI ‘has actually had a very stellar record’ in forecasting recessions.”[http://www.businesscycle.com/aboutecri/approach]
== Notable blemish in their economic forecasting track record ==
The ECRI missed calling the recession that began in 2007, as well as the strength of it.[http://globaleconomicanalysis.blogspot.com/2011/09/ecri-calls-recession-based-on-contagion.html]
== External links ==
*[http://www.businesscycle.com/ Economic Cycle Research Institute]
*[http://globaleconomicanalysis.blogspot.com/2011/09/ecri-calls-recession-based-on-contagion.html Analyst Mike Shedlock's analysis of their forecasting abilities]
[[Category: Economics]]
[[Category: United States Businesses]]
[[Category: Economic forecasting Organizations]]