His call is based on coincident indicators, especially income. According to Achuthan, income growth in the last three months is lower than at the start of any of the last 10 recessions..."
Friday, May 11, 2012
ECRI Repeats Recession Call Based on Coincident Indicators, Especially Income
"nce again Economic Cycle Research Institute's Lakshman Achuthan repeats his recession call, this time saying within three months.
His call is based on coincident indicators, especially income. According to Achuthan, income growth in the last three months is lower than at the start of any of the last 10 recessions..."
His call is based on coincident indicators, especially income. According to Achuthan, income growth in the last three months is lower than at the start of any of the last 10 recessions..."
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