!!!ECRI calls new US Recession!!!

[RI]

Most people don't think we ever got out of a recession. Having that fact simply formalized wouldn't make as big of an impact as you think.

[RI]

Most people don't think we ever got out of a recession. Having that fact simply formalized wouldn't make as big of an impact as you think.

no, ECRI is not saying we never got out of a recession.  In fact, in the Spring of 2009 when everyone was calling for an immediate new depression, ECRI said on March 19th, 2009 "No, our indicators are pointing to a recovery starting by the end of Summer 2009"....I posted it back then:

https://uselectionatlas.org/FORUM/index.php?topic=89928.msg2011710;topicseen#msg2011710

In Mid Dec 2010, their indexes peaked:

https://uselectionatlas.org/FORUM/index.php?topic=106949.msg2275332;topicseen#msg2275332

And in Feb 2011, they warned we were slowing appreaciably:

https://uselectionatlas.org/FORUM/index.php?topic=111236.msg2369541;topicseen#msg2369541

Now, in Sept 2009, they calling an outright recession.

That's not what I meant.