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Forecasting a recession with construction data — Philip Pilkington

Summary:
Forecasting recession for the end of year unless construction data reverses. Single variable thinking based on one key factor only, or is he onto something?MacrocosmForecasting a recession with construction dataPhilip PilkingtonSee alsoAmid labor-supply constraints and economic shocks, the case for productivity-boosting interventions is clear. Unless US policymakers use a combination of investment and incentives to reverse negative productivity trends, the US will achieve modest growth, at best.…Project SyndicateAmerica’s Widening Productivity GapMichael Spence

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Forecasting recession for the end of year unless construction data reverses. Single variable thinking based on one key factor only, or is he onto something?

Macrocosm
Forecasting a recession with construction data
Philip Pilkington

See also
Amid labor-supply constraints and economic shocks, the case for productivity-boosting interventions is clear. Unless US policymakers use a combination of investment and incentives to reverse negative productivity trends, the US will achieve modest growth, at best.…
Project Syndicate
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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