Thursday, October 28, 2010

No double-dip recession

The good news is that the much-feared double-dip recession is not going to happen.
That is the message from leading business cycle indicators, which are unmistakably veering away from the recession track, following the patterns seen in post-World War II slowdowns that didn't lead to recession.
For 25 years, we've personally spent every working day studying recessions and recoveries. Based on our work and that of our colleagues at ECRI, we've called the last three recessions and recoveries without any false alarms, including an accurate forecast of the end of the most recent recession in the 
Read More:http://money.cnn.com/2010/10/28/news/economy/no_double_dip/index.htm

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