The global industrial economy is clearly on the back side of the business cycle. In many regions of the world, such as Europe and Asia, the slowdown was underway by early 2018. In the US,...
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The global industrial economy is clearly on the back side of the business cycle. In many regions of the world, such as Europe and Asia, the slowdown was underway by early 2018. In the US,...
Continue ReadingOne of the worst things you can hear as an economic forecasting firm is, “You’re just another data point.”
Continue ReadingThe US Industrial Production Index is ITR’s benchmark for the overall economy. Production is up 2.8% on a year-over-year basis (12/12 as of July 2019), and the data trend is rising. The US...
Continue ReadingDuring a recent quarterly review call with one of ITR Economics' consulting clients, the business owner and I had a discussion on the implications of pricing changes on the firm’s revenue...
Continue ReadingA recent article from a prominent financial news source opened with the statement that “Consumer debt is growing to worrisome levels.”
Continue ReadingOn a recent visit to the United Kingdom I spoke to many business leaders about their outlooks for their companies in light of Brexit and its potential implications. What I heard most...
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