ECRI

Double-Dip? One Reliable Measure Says It's Inevitable

An economic indicator with a perfect 40-year history of predicting recessions just signaled that a double-dip is coming for sure. The Economic Cycle Research Institute, an independent organization of economists, is best known for publishing the economy's "leading indicators" that we in the media sometimes like to chatter about. And on Friday, the institute said its ECRI Weekly Leading Index "growth rate" broke below -10%.

Is a Double-Dip Recession Ahead for the U.S.?

A chart of leading economic indicators produced by the well-respected Economic Cycle Research Institute indicates that economic growth is slowing dramatically in the U.S. Is a second round of recession looming?