If You Know It When You See It, Clap Your Hands: Emerging Trends Can Be Hard to Spot – But Are Well Worth Finding
When does a trend become recognisable as such? When enough people have seen some significance in a progression of numbers or statements or events? When enough time has passed? When someone declares a trend to be so? With an economic recession, for example, it’s quite straightforward — two consecutive quarters of negative GDP numbers, and you’ve got yourself a recession. You may not want one, but you’ve got one. We’ve had one and, with people talking more openly now about the possibility of a double-dip situation as economic growth falters, we may get another one.