It is official. GDP (adjusted for inflation) met the definition of a recession when it declined for a second consecutive quarter based on the 2Q22 advanced release. What this means is now...Continue Reading
94.7% FORECAST ACCURACY || BUSINESS-MINDED ECONOMISTS || UNBIASED AND APOLITICAL
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Using “market trends” is my way of drawing attention to the exact opposite – specifically, that many markets are behaving differently than our macro trends. Nevertheless, ITR Economics’...Continue Reading
Our analysis of the latest data is that North America Light Vehicle Production established a low in March. Seasonal rise and cyclical improvement are underway. North American manufacturers...Continue Reading