Pandemic Economic Updates

I have been following ITR for six years now. By listening to and incorporating the practices of your leadership and excellent forecasting, my company is set to weather this COVID-19 storm while providing our employees with extra PTO and time-and-a-half pay for any hours worked. Thank you for continuing to provide measured and up-to-date forecasts for your audience. I’m very grateful for ITR’s measured analyses and objective outlooks. Your work is greatly appreciated, by large and small firms alike. Keep up the great work and give my best to the whole team.

Every year when I see Mark Mullen of Griggs Steel Company on the onsite visit, he sings our praises to the board who attends the retreat. He loves how ITR cuts through the noise and speculation and gives him the calm and rational outlook that we can rely on. He is someone that really hones in on the 3MMT outlook, but is also really amazed at how our year-end 12MMT forecast is so close to what happened. He recently told me last week that’s he’s gotten to the point where he doesn’t try to adjust the forecast on his end because he is now at a point that he trusts us, and it was a waste of his time. I always say Mark is so onboard and on top of what ITR does and says that he could work here. He really is a great example of why our forecasting and our forecast checking is so important to our clients and how they make big decisions off it.

Jeb Bell of Equipment Controls is a huge fan of ITR and has been since 2007. ITR is part of their internal lexicon on a weekly basis and we are always a part of any financial discussion internally or externally. He is always telling people about our forecasts, the people here, and how it is worth every penny he pays us, and then some! He told me that Brian’s webinar on Friday was attended by his team and they felt incredibly better after the webinar. They went into it “looking for an end”, and they left the webinar knowing it would end and they can continue with their planning and operations. It was a great help to them.

These updates are reassuring and calming during this time of media hysteria. Much appreciated.

Thank you also for providing the early info on the Coronavirus – “It will get worse before it gets better, but it will get better” – and for your solo pep rally for the US economy. It was calming and uplifting at the same time.