ECRI: Global Growth Peaking

May 19th, 2011
in econ_news

Econintersect: The Economic Cycle Research Institute (ECRI) who  Econintersect follows for its long range forecasts - is now forecasting a summer cyclical peak in global industrial output.  This includes China.

In a Business Investors Daily article (see clarification below):

The Economic Cycle Research Institute's long leading indicator of global industrial growth peaked at 0.7 in August 2010, predicting a cyclical peak for industrial activity this August. The index stood at 0.1 in March, near the lowest level since January 1980.

"There's a downturn in global industrial growth in clear sight," said ECRI managing director Lakshman Achuthan.

Follow up:



Output has already started to decelerate in the U.S., Europe and key emerging market countries such as China that have driven the global economic recovery. Yet Achuthan said he sees no sign of a renewed recession.


Clarification 21May2011:  this article was published in investors.com - the online version of Investor's Business Daily.

 

source: ECRI, IBD









Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.















 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved