ECRI
Operating as an independent organization, the Economic Cycle Research Institute (ECRI) has been the most reliable source for predicting business cycles since it was initiated in 1996. Geoffrey H. Moore developed a revolutionary index to evaluate business cycles in the 1960s and eventually established ECRI to continue this work. Today, the organization publicly releases a pair of highly reliable indicators that are used to gauge weekly economic activity and monthly inflation in the U.S. Members of ECRI receive access to these metrics and other leading indexes through a proprietary database, as well as access to the group’s periodicals, US Cyclical Outlook and the International Cyclical Outlook. Certain levels of membership include private advisory sessions and permit multiple users in a multiple locations, as well.
The indexes created by ECRI depict key aspects of major market sectors and economies from around the global to accurately predict future changes in the economic activity. Twenty different countries are covered in these indexes, including China, Brazil, and India. ECRI has developed an impressive track record since its inception, garnering recognition from The Economist as “the only organization to give advance warning of each of the past three recessions; just as impressive, it has never issued a false alarm.” More recently, ECRI rejected the strong sentiment that the U.S. was entering recession in 2010.
Lakshman Achuthan and Anirvan Banerji, the cofounders of ECRI, currently function as the chief operations officer and chief research officer, respectively. Both men worked closely with Moore and continue to espouse the merits of his theories. In 2004, they coauthored the book Beating the Business Cycle: How to Predict and Profit from Turning Points in the Economy.
The indexes created by ECRI depict key aspects of major market sectors and economies from around the global to accurately predict future changes in the economic activity. Twenty different countries are covered in these indexes, including China, Brazil, and India. ECRI has developed an impressive track record since its inception, garnering recognition from The Economist as “the only organization to give advance warning of each of the past three recessions; just as impressive, it has never issued a false alarm.” More recently, ECRI rejected the strong sentiment that the U.S. was entering recession in 2010.
Lakshman Achuthan and Anirvan Banerji, the cofounders of ECRI, currently function as the chief operations officer and chief research officer, respectively. Both men worked closely with Moore and continue to espouse the merits of his theories. In 2004, they coauthored the book Beating the Business Cycle: How to Predict and Profit from Turning Points in the Economy.
