January 11, 2016
There is angst out there stemming from the global market’s performance since the beginning of this year. Some are even comparing it to the crisis of 2008. We think this is incorrect because retail sales are GROWING. They were down in 2008. Huge difference.
Put your money and your faith on...
January 8, 2016
The 2015 numbers are in, so how did our forecasts do? Below we’ve provided forecast results for US, EU, Canada, and Chinese Industrial Production as well as US Housing, US Retail Sales, and US Employment figures.
At ITR Economics, our goal is to maintain a minimum 94% forecast accuracy looking...
December 16, 2015
Oil prices recently turned downward again and are trending below $40/bbl in early December. Commodity pricing is weak in general; oil seems to be the poster child for that weakness. The low level of oil is good for motorists and people heating homes and therefore people with a stake in seeing...
November 19, 2015
The rising trends in the US housing industry, October improvement in the S...
November 18, 2015
We are very pleased to announce that ITR Economics' President, Dr. Alan Beaulieu, has been voted one of Meeting & Convention Magazine's "Planners' Favorite Speakers!" Meeting planners were asked "Who is the single best speaker you have heard in the past two years?" Alan makes the list along...
October 14, 2015
A tale of two trends. That is what it feels like these days. The consumer-related trends are healthy and pointing toward a growing economy. Other trends, such as Nondefense Capital Goods New Orders, are pointing in the opposite direction.
What is a manager to do? Know which leading indicators...
October 13, 2015
In this post, we will explore what the economy has in store for the Forming & Fabricating industries and the trends that should impact business decisions among those in the industry.
Annual economic growth in the US, as measured by Industrial Production, has slowed substantially since reaching...
September 15, 2015
Europe isn’t getting the economic respect it deserves. Headlines tell us China is devaluing their currency; their currency is down about 2.6% against the US dollar since July. Neglected, is the approximately 2.3% decline in the euro versus the USD since July. Why the focus on China and not Europe...
August 25, 2015
A chain of events culminating with China’s recent currency devaluation and follow-on decline in commodity prices/share prices across the globe has created fear and consternation for decision makers. The view to the future is not as clear as it was a few days ago. A more detailed analysis of what is...
August 19, 2015
The Chinese devalued their currency a few days ago. The change in policy appears to be an attempt to stimulate China’s exports in light of the ongoing cyclical weakness in that economy. Two consequences to the currency change are 1) a stronger US dollar and 2) weaker oil prices. Neither consequence...