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July 26, 2016

A new business cycle measurement developed by a C.D. Howe analyst provides further evidence that there was no recession in 2015, according to a new Institute report. In “Taking the Economic Pulse: An Improved Tool to Help Track Economic Cycles in Canada,” author Jeremy Kronick fills a crucial data gap with a new and improved diffusion index that accurately measures how economic shocks spread throughout the economy. 

Jeremy Kronick

Jeremy M. Kronick is Vice-President, Economic Analysis and Strategy at the C.D. Howe Institute. As part of his duties, Jeremy directs the Institute's Centre on Financial and Monetary Policy.