2012 Budgets
15th October 2011 by

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

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...

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...

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 ...

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 ...

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...

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 ...

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 ...

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 ...

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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