2012 Budgets
15th October 2011 by

The blog will publish its fifth annual Budget Outlook next weekend. As usual, it is therefore time t...

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Global oil bill now 5% of GDP
12th October 2011 by

The world has suffered a recession every time the oil price has reached current levels. And as the b...

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Groundhog Day again as Quarter 4 starts
10th October 2011 by

The great film comedy Groundhog Day saw Bill Murray doomed to repeat the same day in his life, until...

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OECD warns economic growth “close to a halt”
12th September 2011 by

The IeC Downturn Alert has hopefully done the job for which it was intended. It was launched at the ...

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Boom/Gloom Index suggests downturn resuming
6th September 2011 by

A recession is often defined as being when your neighbour loses their job. A depression is when you ...

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August highlights
1st September 2011 by

Many readers have been taking a well-earned break over the past few weeks. The blog also continues t...

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US polymer demand slows as consumers cut back
31st August 2011 by

The above chart, from the invaluable American Chemistry Council (ACC) weekly report, highlights the ...

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Downturn continues as financial markets sink
22nd August 2011 by

ICIS pricing is a very valuable resource, particularly at market turning points. It highlighted the ...

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Policymakers remain in the Denial phase
20th August 2011 by

A year ago, the blog feared we were “still towards the beginning of the crisis”, not at ...

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Wal-Mart sends a message
17th August 2011 by

The blog is a great believer in the predictive power of the retail sector. Wal-Mart and Tesco were t...

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