ECRI: There really is a 'V' in Recovery

ECRI: There really is a 'V' in Recovery

'...The institute compiles a set of economic indicators that it calls the Weekly
Leading Index, and on Friday it announced that the index is at a record high.
That means, Banerji said, a stronger recovery than we saw after the recessions
of 2001 or 1990-91 with little risk of a double-dip...'

'"With the economy just coming off the bottom of the business cycle, things look

pretty bleak outside your window," says Anirvan Banerji, director of research
at the Economic Cycle Research Institute in New York. "The reality of where we
are, though, should not blind us to the forward-looking indicators of where we
are headed."'