Another good radar run headed to bay point and pittsburg and possibly antioch. You can see wet weather from danville to piedmont and oakland and starting to fizzle in the north bay is we only have sprinkles away petaluma and down 101 to novato and fairfax and 37 to know San Francisco could be dry and most of the wet weather will stay to the east. We will have sunshine by noon and possible showers scattered and very light during the afternoon and evening hours with temperatures 80 inland and mid60s at the coast. Walnut creek and along 680 the roads are not so shiny so maybe they are drying out . Mike . I hope so. It looks like it is drying. Traffic is building southbound with tail lights headed to highway 4 and we have a series of citizens including a brand new accident in hayward southbound on the nimitz with two lanes blocked and we are seeing the delays south highway 92. We also have this cold front that could be the rain, eastbound highway 24, two lanes are blocked at the tunnel and
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Global Industrial Upturn Despite Continuing Covid Crisis
The business cycle may be the single most important determinant of investment and business performance. Below we share a walkthrough of our 2020 global industrial growth upturn call. Contact us here to inquire about working with ECRI.
May 2020: with PMI’s barely off the floor after a complete collapse, our indicators of global industrial growth were already flagging an “Industrial Growth Revival on the Horizon.
But this call was only the start of what became a defining theme of the 2020 upturn in the wake of Covid-forced recessions.
Summer 2020: we continued to see advances in our leading indexes and knew that the upturn would continue, stating in our July 2020
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While the outlook for growth and inflation at the start of 2020 was positive, cascading closures due to Covid-19 tipped the economy into recession. That recession would be amongst the shortest on record. Internationally, the recoveries from the Covid recessions were not all created equal, with renewed signs of slowing ahead in some economies.
See below for selections from our 2020 track record through September. Click here to download ECRI’s full track record with more 2020 entries and links to report excerpts.
September 2020
Eurozone Growth Outlook Dims a Bit Well before the Second Wave of infections: “Eurozone growth prospects have started to fade a little, following a rapid recovery from the Covid crisis. That is the implication of the September read of ECRI’s Eurozone Quick Leading Index (EZQLI). -
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