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Line 1: − == 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] −
Economic Cycle Research Institute (view source)
Revision as of 03:03, February 27, 2012
, 03:03, February 27, 2012→Commentary on their economic forecasting record
The '''Economic Cycle Research Institute''' (ECRI) is a leading expert on business cycles. The 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, the ECRI did not concur with them.[http://globaleconomicanalysis.blogspot.com/2011/09/ecri-calls-recession-based-on-contagion.html]
The '''Economic Cycle Research Institute''' (ECRI) is a leading expert on business cycles. The 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, the ECRI did not concur with them.[http://globaleconomicanalysis.blogspot.com/2011/09/ecri-calls-recession-based-on-contagion.html]
== Blemish in their economic forecasting track record ==
== Blemish in their economic forecasting track record ==