As we head into the final months of 2019, the construction cycles are shifting. The US housing market, down 3.2% from the same period a year ago, is currently in Phase D, Recession, and...
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As we head into the final months of 2019, the construction cycles are shifting. The US housing market, down 3.2% from the same period a year ago, is currently in Phase D, Recession, and...
Continue ReadingHong Kong has dominated global headlines during the past few months as a controversial extradition bill ignited protests and social unrest within the city, but at ITR we have been watching...
Continue ReadingThe release of the second-quarter US Gross Domestic Product figure yielded a muddy result. The overall economy, expanding at an annualized pace of 2.3%, is progressing through the Slowing...
Continue ReadingThe latest batch of European data is in, and Western Europe is officially in Phase D, Recession. Western Europe Industrial Production (includes industrial output from Germany, France, the...
Continue ReadingThe business cycle peak has occurred for the US economy. Business-to-business and business-to-consumer activities alike are decelerating, in line with ITR’s longstanding outlook for slower...
Continue ReadingOver my nearly five years at ITR, I have become the construction expert of sorts among the economists on our team. I will admit that a data-driven economist classifying himself an "expert"...
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