Economic indicator

This tag is associated with 2 posts

India – Can economic data be trusted?

Economists and investors say they are finding it increasingly hard. “Market participants are not able to decide what to make of this data,” said Brinda Jagirdar, economist at the State Bank of India. Frequent and sharp revisions in inflation and factory output data—key determinants of monetary policy—have confounded experts in recent months. On Monday, India’s inflation for … Continue reading

ECRI’s Controversial Recession Call: Fifth Consecutive Improvement in the Growth Index – Advisor Perspectives (dshort.com) – February 17, 2012

The Weekly Leading Index (WLI) growth indicator of the Economic Cycle Research Institute (ECRI) came in at -3.7 in today’s public release of the data through February 10th. This is the fifth consecutive week of improvement (less negative) data for the Growth Index and the highest level (i.e., least negative) since August 26th of last … Continue reading

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