Economic Forecast May 2013: Stable Growth But ….

Written by Steven Hansen Our May 2013 Economic Forecast continues to say the economy will be expanding at a rate similar to April. This month the forecast is accompanied by some economic concerns – and although many data points are performing well, a few are concerning. Econintersect checks its forecast using several alternate methods. All …

Economic Forecast April 2013: Light At End of the Tunnel?

Written by Steven Hansen Our April 2013 Economic Forecast says we are at the end of the tunnel, and in the coming months should begin to see real economic expansion IF current trends continue. The index is now forecasting a flat growth trend (positive growth, no acceleration) – a welcome change from the positive growth, …

Economic Forecast March 2013: Improves But Not Great Yet

Written by Steven Hansen Last month, our economic forecast was degraded by supply chain shortcomings – and this has now been alleviated in the last 30 days causing the March 2013 Economic Index to improve relative to the previous month. The index is continuing to forecast weak economic expansion for Main Street – and stills …

Recession Markers Have Evaporated Except for ECRI’s Recession

Written by Steven Hansen This past  week Industrial Production (analysis here) finally exceeded the July peaks, and now all of the economic broad measures are at 2012 highs.  On 07 December 2012, Economic Cycle Research Institute (ECRI), a New York-based  independent forecasting group stated: Following our September 2011 recession call, we clarified its likely timing …

Economic Forecast January 2013: Weak Expansion but Hints of Improvement

Written by Steven Hansen Econintersect continues to forecast a “less good” economy using real time non-monetary pulse points. The index is forecasting weak economic expansion for Main Street – and remains clearly in a declining growth trend (positive growth, negative acceleration). Having said that, there are several indications in the data of strengthening – and …