This study investigates usefulness of business tendency surveys in industrial sector for out-of-sample prediction of growth of industrial production in Russia. A special attention is paid to performance of survey-augmented models during the recent Great Recession 2008/2009. Using the real-time...

Generalizing assessment of the existing economic situation (Adaptability index) has demonstrated in Q2 2016 the fact that the Russian economy persisted in high level of adaptability to the 2014–2016 crisis. By the end of two months of the quarter, the indicator hit the all-time maximum of 72%....

The dynamics of demand, moderately negative in comparison with the pessimistic forecasts, allowed the industry to avoid a reduction in output in January, to revise the production and sales plans for the better. However, according to regular polls by the Gaidar Institute, these factors also...